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shokwave comments on Efficient Charity: Do Unto Others... - Less Wrong

130 Post author: Yvain 24 December 2010 09:26PM

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Comment author: shokwave 26 December 2010 08:17:13AM 6 points [-]

there'd obviously have to be a grace period along the lines of having a week/month/whatever to update the equivalences (due to changes in the exchange rate)

It doesn't even need that, just whenever a price is printed out, it needs the equivalent in dead children, at the time of printing. This is an incentive to change or reprint prices when the value of dead children rises and leave old labels alone when the value of dead children has dipped, but as long as the value of dead children doesn't fluctuate wildly (ie it doesn't respond to speculation about a new dirt cheap cure, only to extensive statistics on the current cost to save a child) then it should be mostly right.

The perverse incentives, political influence, and potential for Goodhart's Law and lost purposes to come into play are all serious concerns - all the more terrifying because these surely play a part in current aid schemes.

...

You would need some kind of X-Rationalist Reserve Bank of Dead Children who recite the Litany of Tarski ("If this change is to the truthful value of dead children, I desire to make this change. If this change is not to the truthful value of dead children, I desire not to make this change") every morning, and have an investigative group empowered to seek out and punish interference in charitable work, preferably in the form of huge fines payable to the affected charities (the Perverse Incentive Disincentives Task Force).

Finally, if we solved all this: how do we push to make it a reality?

Yvain for President?