DanielLC comments on The rationality of splitting donations - Less Wrong

9 Post author: JonahSinick 10 February 2014 03:13AM

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Comment author: DanielLC 10 February 2014 03:23:48AM 10 points [-]

Randomizing works just as well as diversifying. Since the correlation between people's decisions is far from perfect, it's effectively randomized. No need to do anything yourself.

Comment author: [deleted] 11 February 2014 10:34:43PM 1 point [-]

Alternatively, if you do find yourself in a group with similar preferences to you, you can collude. Failing that, you can assign your entire donation to an individual charity, choosing randomly weighted by your priority, and thus reduce the impact of transaction fees and other per-donor costs on your donations (such as marketing materials to encourage people to donate again).

Comment author: JonahSinick 10 February 2014 03:26:20AM 1 point [-]

Since the correlation between people's decisions is far from perfect, it's effectively randomized.

I don't follow, can you elaborate?

Comment author: peter_hurford 10 February 2014 05:43:27AM 6 points [-]

Like DanielLC, I never really understood this application of Timeless Decision Theory. It seems that, in practice, people's decisions rarely seem to correlate with mine in any sort of meaningful way such that if I chose to change my action, so would they.

Comment author: DanielLC 10 February 2014 04:24:53AM 4 points [-]

My decision will correlate with other people's, but there will still be enough variation that it's not likely to result in a charity getting more money than they know what to do with.