All of AlexSchell's Comments + Replies

even an "overvalued" stock/bond is usually better than plain cash

Wait, are you expecting positive total returns from stocks over the next few months? If so, this is very non-obvious from your post.

4johnswentworth
I pretty much always expect positive total returns from stocks. Nothing in the OP contradicts the EMH - predicting crashes in such a way that we could profit from it is still Hard. The correct discount rate to use in EMH pricing depends on capital supply and demand, but that discount rate is still generally positive. Just like high bond prices mean that the yield is close to zero, not negative, high stock prices mean that expected returns are close to zero, not negative. (This isn't always the case - e.g. negative interest rates in the European banks' overnight markets during the previous decade - but that requires some fairly unusual conditions to maintain.) So, yes, I do expect positive total returns from stocks over the next few months, though not very high on average and with quite a bit of variance.

Thank you for writing this post and tracking down everyone's stated beliefs and updates!

I fear MNM only operated in this case because the prosocial intervention of isolating yourself also happened to be a very selfishly effective intervention. In my view, what this community failed to predict is simply that other people would, with some delay, come to the same conclusions and act as this community did, i.e. going into some degree of isolation to protect themselves. It's a pretty embarrassing failure! I distinctly recall expecting that aggregate behavior wo

... (read more)

Nice post! Agree on most conclusions except I put more weight on the herd immunity threshold being not much lower than the naive compartment models imply.

Serology data from the 1968 flu pandemic seem to rule out large effects of heterogeneity on the final attack rate. First wave seropositivity was ~35% (mostly 25-50%) with an R0 of ~1.5. R0 increased in the second wave to ~2.5, and seropositivity ended up mostly around 60-70%.

People claiming big heterogeneity impacts seem to have focused on models over empirics. Unfortunately the range of effects implied b... (read more)

9ErickBall
Thank you for the dose of empiricism. However, I see that the abstract says they found "little geographic variation in transmissibility" and do not draw any specific conclusions about heterogeneity in individuals (which obviously must exist to some extent). They suggest that the R0 of the pandemic flu increased from one wave to the next, but there's considerable overlap in their confidence intervals so it's not totally clear that's what happened. Their waves are also a full year each, so some loss of immunity seems plausible. I wonder, too, if heterogeneity among individuals is more extreme when most people are taking precautions (as they are now).

Some very encouraging developments. There is a PCR protocol that can test 100,000 samples in a single machine run, making millions of samples per day feasible, ignoring sample collection capacity. On that front, FDA just approved (EUA, limited scope for now) a sample collection protocol relying on saliva samples rather than nasopharyngeal swabs (would mean enormous increase in sample collection capacity). The prospects for plan #1 look dramatically better.

On plan #3, I was hoping this would work as a backup or low-tech option for poor countries but it look

... (read more)

I was completely wrong, I don't think their data is subject to this worry. They now have a preprint up. From supplementary methods:

We define daily fever counts as the number of unique users per region that take multiple elevated temperature (37.7 C) readings over the past week, and then normalize these counts by the estimated number of unique users who have used the thermometer over the past year.

So lots of repeat readings shouldn't affect the gauge, and neither should more of their user base taking readings. Unless they are seeing a lot of new ... (read more)

Mass testing seems like a promising brute force strategy that can keep R < 1 after lockdown, without requiring contact tracing. I'm pretty early in thinking about this but wanted to share my thoughts to encourage parallel efforts. A few possibilities (not mutually exclusive):

1) RNA testing: If everyone is given a daily RNA test and positives are isolated, transmission will likely be very close to 0. The US is still a factor of 1000 away from doing this (for comparison, RNA testing has scaled by 400x in the last month). However it seems likely that ... (read more)

2AlexSchell
Some very encouraging developments. There is a PCR protocol that can test 100,000 samples in a single machine run, making millions of samples per day feasible, ignoring sample collection capacity. On that front, FDA just approved (EUA, limited scope for now) a sample collection protocol relying on saliva samples rather than nasopharyngeal swabs (would mean enormous increase in sample collection capacity). The prospects for plan #1 look dramatically better. On plan #3, I was hoping this would work as a backup or low-tech option for poor countries but it looks like most estimates tend to put asymptomatic + presymptomatic transmission at 50%+ of all transmission, which makes this pretty limited.

The Kinsa data is barely even weak evidence in favor of R0 < 1. The downward trend in fever readings are confounded, likely severely, by their thermometers having to be actively used vs. being a passive wearable. It seems plausible that more people will check their temperature when they are concerned about COVID-19, and since most people are healthy this will spuriously drive average fever readings down. Plausibly the timing of increased thermometer use will coincide somewhat with shelter-in-place orders since they correlate with severity & awarenes... (read more)

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5AlexSchell
I was completely wrong, I don't think their data is subject to this worry. They now have a preprint up. From supplementary methods: So lots of repeat readings shouldn't affect the gauge, and neither should more of their user base taking readings. Unless they are seeing a lot of new users, or lots of returning users that haven't used the thermometer in over a year, both of which seem somewhat unlikely, their metric should be fine.
3Isnasene
Thanks for pointing this out. Having recently looked at Ohio County KY, I think this is correct. %ill there max'd out at above 1% the typical range but has since dropped below 0.4% of the typical range and started rising again (which is notable in contrast with seasonal trends) [Edit to point out that this is true for many counties in the Kentucky/Tennessee area]. This basically demonstrates that having a reported %ill now that is lower than previous in the Kinsa database is insufficient to show r0<1. Probably best to stick with the prior of containment failure.

Non manufacturing index just came out: 52.5, down 4.8 points. More affected than manufacturing but still in expansion. Confusing.

I would focus on the ISM non-manufacturing index over the manufacturing PMI since this recession is, in the short run, primarily a services recession. Non-manufacturing index will probably be hit harder and will be more indicative of Q1 GDP.

More generally, past indicators of GDP are probably going to lose some reliability. The sectoral breakdown and rapid timing & severity of the current shock are unique enough for many historical correlations to break down. Normally less important things like survey periods will also affect monthly time series more gi... (read more)

9AlexSchell
Non manufacturing index just came out: 52.5, down 4.8 points. More affected than manufacturing but still in expansion. Confusing.

This looks sketchy to say the least (e.g all citations are self citations), but seems worth doing a very shallow dive into or pointing out if clearly flawed: claim that yogurt can prevent secondary bacterial pneumonia in COVID-19 patients. The argument seems to at least imply that secondary bacterial pneumonia leading to cytokine storm is a common pathway to fatal cases.

(H/t Rob Wiblin on Twitter)

1leggi
Some quick thoughts if anyone wants to do a dive: The article is talking about "live" yoghurt i.e. cultured milk with no other additives. The main bacteria to culture milk into yogurt are: Lactobacillus bulgaricus (Lactobacillus delbrueckii subsp. bulgaricus) and Streptococcus thermophilus. In what countries do people eat a lot of natural live yoghurt? (per capita not overall amounts). Bulgaria (a clue in the name of the first bacterium) Russia? Greece? Spring to mind. Local knowledge would help here. What are the demographics of those populations? (total population, % of old folks most likely to suffer severe disease) What's the COVID19 situation in these places? The link says: I would want to see some evidence for this statement for instance levels of secondary infections being tested/confirmed/reported. (and the use of antibiotics as prophylactic or therapeutic agents - could antibiotics making things worse in some cases by killing of the good bacteria too????

Their paper is not relevant as they do not analyze testing & contact tracing AT ALL, only mentioning it briefly in the Discussion section. I think everyone who thinks the strategy I describe might be feasible (which now seems to be most informed participants in the discussion on here & rationalist Twitter) more or less agrees with the Ferguson analysis if you assume you can't do testing & tracing & isolation or they won't work.

5Jackson L
Yes you are correct, succinctly addressed here " They ignore standard Contact Tracing [2] allowing isolation of infected prior to symptoms. They also ignore door-to-door monitoring to identify cases with symptoms [3]. Their conclusions that there will be resurgent outbreaks are wrong. After a few weeks of lockdown almost all infectious people are identified and their contacts are isolated prior to symptoms and cannot infect others [4]. " https://necsi.edu/review-of-ferguson-et-al-impact-of-non-pharmaceutical-interventions

It looks like widespread border closures are inevitable now, and border policy will become even more visibly important if/when community transmission is brought under control in a country (e.g. as in China today where ~100% of new cases outside Hubei are imported). So I don't think advocating for border closures is high leverage at the moment.

I agree that it's super high leverage to get the public and policymakers to understand that it's not too late for eradication (R0 < 1) through strong social distancing, and that it may be feasible to keep secondary

... (read more)
2Roko
I would love to do this, but someone will have to pay me because I don't have loads of time/money to spare. Alternatively someone else, perhaps a professional, will do this. Ideally they should already be doing it.
4Roko
No, I agree that it's not super-high leverage, but still worth saying. I'm just emphasizing that I called for it back in January when it was super high-leverage.

If you first do lockdowns to get new cases to ~0 and then relax, optimistically you will get localized epidemics that you can contain with widespread testing, contact tracing, and distancing if needed. Cost of testing & tracing and having to do occasional local/regional lockdowns could end up being manageable until treatment/vaccine arrives.

My main reason for optimism is Korea's and China's success containing a large outbreak. We will be expecting the secondary epidemics and reacting quickly, so they will be small when detected, so should be much easie

... (read more)
1Jackson L
Linking the The Imperial College paper here (which a lot of people have referenced lately) that addresses these two approaches: (a) mitigation, which focuses on slowing but not necessarily stopping epidemic spread –reducing peak healthcare demand while protecting those most at risk of severe disease from infection, and (b) suppression, which aims to reverse epidemic growth, reducing case numbers to low levels and maintaining that situation indefinitely. (https://www.imperial.ac.uk/media/imperial-college/medicine/sph/ide/gida-fellowships/Imperial-College-COVID19-NPI-modelling-16-03-2020.pdf) The biggest issue with the suppression strategy is the time required for the lockdown - until R reaches low enough levels that eliminate human-to-human transmission, or until a vaccine is available. Estimated 12-18 months with a r0 of 2.4. In fact the more successful a strategy is at temporary suppression (China), the larger the later epidemic if the lockdown is lifted prematurely - due to lesser build-up of herd immunity (Figure 3, "post-September 2020"). Mitigation: "In the most effective mitigation strategy examined, which leads to a single, relatively short epidemic, the surge limits for both general ward and ICU beds would be exceeded by at least 8-fold under the more optimistic scenario for critical care requirements that we examined. In addition, even if all patients were able to be treated, we predict there would still be in the order of 250,000 deaths in GB, and 1.1-1.2 million in the US."

Yeah I got better hospitalization/ICU rates from Bucky and upped beta to 0.3 in uncontrolled scenario to make a point on Twitter. Hospital/ICU bed availability % is graphed in each scenario tab, by overcapacity I mean the inverse of availability. Alternatively take ratio of peak to line in the Charts tab. Looks like ~15x and 5x now for hospital beds.

I meant sodium hypochlorite

6jefftk
I wrote something looking into bleach: https://www.lesswrong.com/posts/QJfiKwicwTXYMzJ7q/bleach Summary: it's extremely concentrated, and a highly recommended disinfectant, but it's also dangerous and you need to be careful with it in specific ways

Thanks for digging these up! I updated the model. Still terrible.

I used overall US numbers. I didn't consider capacity expansion but also didn't take out already-occupied beds, as I think both are roughly on the order of 2-5x in opposite directions. The only Bay Area-specific numbers are population and day 0 infected (I assumed ~10x confirmed cases).

China locked down Wuhan at ~500 confirmed cases and many other Hubei cities the next day, which immediately lowered transmission (see Chart 7 here) to R0 below 1. This is very far from the uncontrolled scenario and still overloaded the health care system. This is much of the point of the post I linked -- the degree of hospital overload in an uncontrolled scenario is so high that even huge reductions in transmission don't realistically avoid overload if R0 stays above 1.

1jmh
I do get that point, and do think it is one that is well made. At the same time, I find the numbers produced a bit on the high side. Clearly the 20,400 number being within existing capacity for the Bay area completely ignores current patients unrelated to COVID-19. But perhaps under a regime of social distancing, containment and isolation of both known cases and by the more concerned both the speed of growth and the total number your model is producing would be much closer to manageable.

I made a model that tries to replicate the chart, see here.

1jmh
Thanks. BTW, have you thought about putting an average recovery/dies period in, perhaps differing based on hospital bed or ICU and look at how those parameters might shift things a bit? Might even be good to model the time between infection and need for medical care (be that bed or ICU). Or are those implicit in your beta and gamma values?

Thanks! I didn't realize how effective bleach is. I recently moved and didn't get around to stocking up on any alcohol until it was out of stock in most places. I am expecting a shipment of industrial ethanol (still available, just don't ingest/get on your skin) but the bleach will arrive sooner. Thanks again.

1Original_Seeing
Depends on what kind of bleach it is, but many chemicals commonly called bleaches are very strong. Hydrogen Peroxide is broad-spectrum and very effective.

I should have made it clearer I don't deny we can literally flatten the curve, but rather the idea that

most people get exposed but slowly enough to not overwhelm the health care system.

Unclear to me how well St Louis did on the health care system front. Also, the pairing of Philadelphia and St Louis is a bit convenient if you consider the raw scatterplot (panel C bottom left - ETA Philadelphia is the dot closest to Pittsburgh per this table).

Still seems to me like you should be able to isolate those problem areas from the rest of the country. Then even if you can't contain the epidemic inside, you spare most of the country (for the moment). But I think we mostly agree. A scenario that seems increasingly likely to me is that governments will intervene in increasingly strict ways until we get very close to true containment (before ~15% of the world is infected), and then will loosen movement restrictions in more-contained areas while playing whack-a-mole with a sequence of localized outbreaks for 1-2 years until a vaccine is ready.

I don't know how other people react. I took the epidemic fairly seriously but my initial reaction to the meme was one of reassurance/complacency - OK so I can't avoid eventual exposure anymore, but at least things will proceed in a somewhat orderly fashion if we cancel big events, wash hands, stop touching our face, etc. I feel like this is the sort of attitude that contributes to, and allows the public to accept, decisions like the capitulation in Sacramento. The mental image of mitigation is "basically trying to mitigate the risk to those ... (read more)

Raemon100

I saw the meme as mostly targeting people who were currently even more complacent "eh, there's nothing we can do, so fuck it", and getting them to instead go "okay, there's stuff that's actually worth doing."

Thanks for pointing me in this direction. I think the key worry highlighted in the post is that the health care system gets overwhelmed with even just a few percent of the population being infected. So even if we can bring peak infections down by a factor of 2-4 by slowing transmission, the health care system is still going to be creamed at the peak.

I've now built a discrete-time, Bay Area version of the SIR model (+ hospitalization) in this Google sheet. I assume 20% of infections need hospitalization, of which 20% need intensive care, and use raw be... (read more)

3WilliamKiely
Alex, I'm looking at your spreadsheet and I don't understand where you got these bold numbers from. It looks like you tweaked your sheet a bit since writing this comment, but still I can't figure out what you are looking at when you say 25x and 10x over capacity. Could you explain?
5gwillen
I haven't checked your models quantitatively, but qualitatively I absolutely believe you that the options here are "bad" and "really really bad", and that neither one of them gets us down to where we need to be. The difference between 4% and 10% could still save a lot of lives; at that level it may be close to 1:1 (every bed freed up is a life saved), since only the most critical cases will be getting beds at that point. But you're right that this is clearly not adequate, and the graphic showing the flatter curve as peaking under the capacity line is pretty misleading. (There are versions of the graphic which don't, but they appear to have been memetically outcompeted by those that do.) I think it's still true that "flattening the curve" will save lives, potentially a lot of lives, so even if the graphic might be a bit misleading as to the possibility of flattening it below the critical threshold, I think it's still a reasonable meme to promote. But really the ultimate goal has to be reducing R below 1, which will arguably flatten the curve, just not quite in the way the meme seems to be trying to get at. I don't want to steer too close to dark side epistemology here, but if the meme gets people to stay inside, cancel their parties, and wash their fucking hands... it's hard for me to be too against it, and I think it's probably true enough?

Don't recall how I ended up seeing it, but it was through this tweet by the author: https://twitter.com/DanielFalush/status/1236918870780198912 (ETA: Razib Khan RT'd him)

This blog post argues that the now popular idea of "flattening the curve", in the sense that most people get exposed but slowly enough to not overwhelm the health care system, is not feasible. The result is that we'll either achieve containment or at least widespread regional health care system collapse (and maybe Wei Dai's global health care collapse outcome). I haven't spent much time modeling this yet, but tentatively it looks like flattening the curve requires very precise fine-tuning of R0 to stay on a path very close to 1 for... (read more)

4Bucky
Nice model. For hospitalisation / intensive care, the original data from China had 14% "severe" and 5%"critical" cases. These are percentages of diagnosed cases so you would need to modify these with the diagnosis rate. For the Diamond Princess about 50% of cases were asymptomatic so that is likely an upper limit on diagnosis rate. Ascertainment rates from these papers are highly variable so an actual number here is hard to estimate. That suggests hospitalisation is probably no more than 10% and intensive care no more than 2.5%. These numbers are a bit lower than your model but not enough to get us out of the woods.
3jmh
I'm wondering why you are also coming up with a LOT more hospitalization than even cases reported in China. In early April, if I'm readying this right, you are expecting the Bay area to need over 80,000 hospital beds for COVID-19 for the uncontrolled case (I assume that is merely a comparison scenario) and then after 3 months, say starting July, in the controlled scenario about 81,000 hospital beds will be needed. Then things keep going up. That seems like something is missing there. Why would the Bay area really expect to see such drastically higher impact than China as a whole? Using your 20%, 20% assumption and saying China is at 85,000 now, the total demand for hospital beds would have been 20,400 over the entire December - March time period.
3jmh
I think it might also be worth considering hospital beds -- to some extent -- is not a fixed quantity to can expand as demand increases. Consider using hotels or other (these days rather vacant) building/structures. That's basically what China has done here (and in other cases with their "legos" 10 day to build hospitals -- rejected the concept of what a hospital is and how fixed the supply is. Just as an assumption check, was your hospital bed/ICU bed value an average for, say the USA, or some other country level metric or an average of the local hospital to service area metric?
1zby
It worked in 1918: https://qz.com/1816060/a-chart-of-the-1918-spanish-flu-shows-why-social-distancing-works/
5Unnamed
I think each little bit of curve flattening makes things a little less bad (since a smaller number of cases are beyond capacity, and a little more time is created to prepare), but the graphs tend to draw the "capacity" line unrealistically high. This graph is more realistic than many since the flattened curve still peaks above the capacity line, but it still paints too rosy a picture.

Disclaimer: I don't know if this is right, I'm reasoning entirely from first principles.

If there is dispersion in R0, then there would likely be some places where the virus survives even if you take draconian measures. If you later relax those draconian measures, it will begin spreading in the larger population again at the same rate as before.

In particular, if the number of cases is currently decreasing overall most places, then soon most of the cases will be in regions or communities where containment was less successful and so the number of ca... (read more)

Wei Dai100

That's a really interesting blog post, and it made me update (towards the idea that containment efforts in most countries will keep ramping up until containment actually succeeds). How did you come across it? I've been following Twitter, a couple of FB groups, and Reddit, and it didn't get linked by any of the posts I saw.

It feels to me now that flattening the curve is just a nice graphic without anyone checking the math, but I am confused that many informed-seeming experts are promoting the idea. Anything I’m missing?

I'm wondering this too.

gwillen120

That's an interesting question that seems like it ought to be able to be checked numerically.

I made an attempt using this simulator of the fairly-naive "SIR" model of disease transmission:

http://www.public.asu.edu/~hnesse/classes/sir.html?Alpha=0.3&Beta=0.07&initialS=1000&initialI=100&initialR=0&iters=50

Note that this simulator appears to be someone's class project. However, its behavior seems to track more or less with what I'd expect. But I'd love for someone with more experience to reproduce this relatively simple model and check it.

... (read more)

How should I disinfect objects with complex surfaces (e.g. box cutters, door knobs) if I don't have access to alcohol? Is brushing with soap likely to be sufficient or should one just avoid touching these objects for a few days if they're possibly contaminated?

3Original_Seeing
https://www.journalofhospitalinfection.com/article/S0195-6701(20)30046-3/fulltext#sec3.1 lists a lot of different disinfectants. 3-4 is decent. 4+ is good. Do you have any disinfectants at all?

John Maynard Smith's Evolutionary Genetics is a classic textbook. The second edition has simulation/programming exercises after every chapter. Have fun :)

0Sable
I'm looking it up on Amazon now. Thanks.

Your beliefs imply likelihood ratios of ~10 and ~70 for bisexuality and sociopathy respectively (assuming base rates of 2-3% and 1%, respectively). What do you think you know and how do you think you know it?

-9OrphanWilde

Hayrff guvf vf gevpxvre guna vg frrzf, whfg gur svefg zbzrag bs rnpu qvfgevohgvba fubhyq qb. (Sbe guvf ernfba V qvfnterr gung gur Jvxv negvpyr vzcyvpvgyl nffhzrf vasvavgr fnzcyr fvmr. Gur pbaqvgvbany cebonovyvgvrf hfrq va gur pnyphyngvba ner gur svefg zbzragf (= pbafgnagf) bs gur erfcrpgvir cnenzrgre qvfgevohgvbaf, abg gur cnenzrgref gurzfryirf (= enaqbz inevnoyrf).)

0Vaniver
Yep. V zbfgyl nterr jvgu guvf. V nterr gung lbh bayl arrq gur svefg zbzrag bs lbhe cbfgrevbe gb pnyphyngr jung gurl nfx sbe, ohg V guvax gung gurz cebivqvat gur ulcrecnenzrgre nf n fvatyr qngncbvag vf vzcyvpvgyl pynvzvat na vasvavgr cerpvfvba naq guhf na vasvavgr fnzcyr fvmr (be n pregnva haqreylvat zbqry), va gur fnzr jnl gung zl orgn qvfgevohgvba zbqry gung qbrfa'g vapyhqr gvzr vf vzcyvpvgyl pynvzvat gung gur znpuvar vf rdhnyyl yvxryl gb cebqhpr qrsrpgvir zngrevny ng nyy gvzrf qhevat vgf bcrengvba. Hayrff nffhzcgvbaf / zbqry fvzcyvsvpngvbaf yvxr gung ner rkcyvpvgyl npxabjyrqtrq, vg znxrf frafr gb pnyy gurz vzcyvpvg.

The narration in the passage is extremely suggestive that someone other than McGonagall was at work. Dumbledore and Quirrell used to be the main candidate hypotheses for who it was, until this chapter basically confirmed it was Dumbledore.

Aww, so Dumbledore was the one who told Harry to look for Hermione on the train in chapter 6 :)

2MathMage
Huh? Harry thought it was McGonagall. What in this chapter changes that?
0WalterL
I'd been wondering that forever.

You shouldn't care much about omega-3/6 ratio in grains because they don't usually have much of either. Same for meat.

I think I know the difference between changes in supply and movement along the supply curve, and your post confuses me. I take the OP's point to be that, in the long run, a change in demand shifts the short-run supply curve. This is exactly the sort of long-run dynamics scenario McAfee talks about (section 4.2.2, e.g. figures on p. 106). Is McAfee wrong or am I really missing something?

1James_Miller
It gets confusing when you talk about how a long run change in demand can shift the short run supply curve when from a social welfare viewpoint what we should care about in this situation is the long run supply curve which wouldn't change, but reading McAfee I can see that I should not have been so certain that I was right. Thanks!

If you look at net worth counterfactuals, the person deciding whether to borrow money to buy BTC is facing the same decision as someone who is already in debt and is deciding whether to buy BTC or use the same money to pay off some of their debt. If you think leveraged investments in BTC are unwise, you should also categorically advise people with any amount of debt to not buy BTC.

3mwengler
Essentially, if your condition for investing in bitcoin is that it should only be done with money you are happy to lose, then you have proved it is not a good investment, rather it is a game you are playing and are willing to pay to play. Like going to Las Vegas.
1Ander
I agree, people who are in debt should probably pay off their debts first. Bitcoin is the definition of a risk investment. You only buy with money that you can afford to lose 100% of. You must accept that a 100% loss is possible.
7Sherincall
I thought it is a given that if you have debt you should spend all your disposable income paying off the dept. Unless, of course, you can safely invest somewhere where the interest is higher than that of your debt. The advice here is to treat it as if you bought consumer goods, or vacation. Paying off your debt instead of going on vacation seems like a really elementary advice in personal finance. Unless, of course, you are sufficiently certain that not going on the vacation will result in a mental illness or something. I'm curious.. Is there any data about how much personal debt LWers have?

Empirically, some industries are approximately constant-cost, others are increasing- and decreasing-cost. OP mentioned certain factors pushing one way or the other, but ultimately the slope of the long-run supply curve of an industry is determined by which factors predominate, so we'd have to measure it to be sure. What is generally true, however, is that long-run supply is typically highly elastic, so cost doesn't change much from marginal changes in demand.

Looking at the extremes doesn't tell you that chicken production is an increasing-cost industry at the margin. Sure input costs are important (the OP agrees - see last section), but there are also economies of scale, R&D investment, and so on pushing the other way, so it's ultimately an empirical matter whether chicken production is increasing- or decreasing-cost at current levels of production (again I'm just repeating what the OP says).

IMO this issue is actually less relevant than the OP seems to think, because we're only talking about very small mar... (read more)

To get the retailer to buy less chicken, you'd have to cut consumption enough to exceed their threshold for allowable waste.

This strikes me as compatible with what gjm said in the sentence before the one you quoted. Some chicken-buying decisions will make no difference, and others are going to have a disproportionate effect by hitting some threshold. In aggregate, chicken purchases by a supermarket have to equal their chicken sales (plus inventory breakage), so a pretty good guess for the expected impact of buying one less chicken is that one less chick... (read more)

2Timothy Telleen-Lawton
Yes; another way to think of this is, "How do you model waste?" * If you think waste is best modeled by a fixed percentage of all production, then our best guess about the waste is that it changes proportionally with consumption. We don't get to magically assign our consumption to the 'waste' category without highly specific information (such as, "I found it in a dumpster"). * If you expect the percentage of waste to grow/shrink with industry size, that could be an argument for slightly less/more than 1:1 effect (I'd put it in the "Gains to scale" category, even if it were negative). But I've never seen someone make that argument or attempt to model it. Thanks for sending this; the 'chunky fallacy' comes up frequently when discussing this issue. Unfortunately, he explicitly endorses using short term elasticities at the end of his article.
1gjm
Exactly.

Hubbard recommends a few commercial Monte Carlo tools for risk analysis that seem very related: Oracle Crystal Ball, @Risk, XLSim, Risk Solver Engine, Analytica.

Neat write-up. I'd say that the scale elasticity of Cost is also irrelevant, since vegetarianism promotion only has a small marginal effect on scale.

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This was more of a side effect of deciding to pare down on my possessions than an intervention specifically aimed at buying fewer books, but I rarely buy books anymore just because I want to read them. I get books on LibGen or at the university library. In the rare event in which a book turns out to be a really valuable reference I may then buy it.

I found the links by googling "green card marriage".

It looks like marrying specifically for US residency purposes is illegal. This report gives the impression that only a tiny fraction of people actually get prosecuted. You'll have to convincingly lie to a consul and likely undergo some investigation (see e.g. here).

0Capla
Thanks. Anywhere else where I can get relevant information?

Time, legal risk, reputation. The opportunity cost is lower if you were going to marry a random/non-specific person anyway, but I'm assuming you're asking about a sham marriage that you're going to end later.

0Capla
Time: sure. Reputation: Actually, I think going above and beyond for a stranger in need is pretty strong signalling of my Altruism, especially among the communities I walk through. Legal risk: This is what I want to hear about. What legal risks? Maybe, but I don't see any particular reason to get a divorce except 1) the refugee in question wants to marry someone else or 2) so I can go marry another refugee.

I forget the details, but I think the argument intentionally focuses on ancestor simulations for epistemic reasons, to preserve a similarity between the simulating and simulated universes. If you don't assume that the basement-level universe is quite similar to our own, it's hard to reason about its computational resources. It's also hard to tell in what proportion a totally different civilization would simulate human civilizations, hence the focus on ancestor simulations. I'm not sure if this is a conservative assumption (giving some sort of lower bound) or just done for tractability.

ETA: See FAQs #4 and #11 here.

I'd be surprised if fake marriages turned out to be the most cost-effective way to help poor people immigrate to the US, even if you want to focus on refugees specifically.

0Capla
Why? What's a marriage cost?

Huh, thanks. Not sure how I managed to misremember so specifically. Edited post.

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