The outside view is certainly positive on the overall bundle: most humans choose to have children. Starting with that prior and adjustiing for heritability of IQ and social influence, it seems very likely that children of most LW readers will be net positive value.
It's not what you asked for, but it's sufficient to base decisions on.
The outside view is certainly positive on the overall bundle: most humans choose to have children.
That's just hardwired biological instincts. They have nothing to do with the questions asked.
I just read this article about the felicific calculus of parenthood.
In the comments section, the following grabbed my attention.
Then, I read this article. Here are the highlights:
That's rather confronting:
* a '5' on a scale of happiness ain't that bad
* don't stress too much when raising your biological kids, you can't do that much
* they're probably not worth having anyway
Just kidding. But, the evidence is quite fascinating.