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We’ve recently been writing about the shortcomings of formal cost-effectiveness estimation (i.e., trying to estimate how much good, as measured in lives saved, DALYs or other units, is accomplished per dollar spent). After conceptually arguing that cost-effectiveness estimates can’t be … [CLICK TO READ MORE]
When we started GiveWell, we were very interested in cost-effectiveness estimates: calculations aiming to determine, for example, the “cost per life saved” or “cost per DALY saved” of a charity or program. Over time, we’ve found ourselves putting less weight … [CLICK TO READ MORE]
Two notes on this post: This post discusses flaws in a particular published cost-effectiveness estimate for deworming. It should not be taken as a general argument against deworming as a promising intervention, and it does not address various other publications … [CLICK TO READ MORE]
While some people feel that GiveWell puts too much emphasis on the measurable and quantifiable, there are others who go further than we do in quantification, and justify their giving (or other) decisions based on fully explicit expected-value formulas. The … [CLICK TO READ MORE]
We’ve long had mixed feelings about cost-effectiveness estimates of charitable programs, i.e., attempts to figure out “how much good is accomplished per dollar donated.” The advantages of these estimates are obvious. If you can calculate that program A can help … [CLICK TO READ MORE]
