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owencb comments on Make your own cost-effectiveness Fermi estimates for one-off problems - Less Wrong Discussion

9 Post author: owencb 11 December 2014 12:00PM

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Comment author: owencb 11 December 2014 01:09:59PM 2 points [-]

So my initial model did essentially that. But you can't reasonably estimate cost-effectiveness without considering time, because the counterfactual when you don't do the work is that it gets done later -- you need an idea of how much later to know how valuable it is.