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TomStocker comments on Make your own cost-effectiveness Fermi estimates for one-off problems - Less Wrong Discussion
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Comments (15)
R(0) should be total historical spend right? Rather than annual spend?
No, it's supposed to be annual spend. However it's worth noting that this is a simplified model which assumes a particular relationship between annual spend and historical spend (namely it assumes that spending has grown and will grow on an exponential).