This post is co-authored with Ben Garfinkel. It is cross-posted from the CEA blog. A PDF version can be found here.
Summary: Some strategic decisions available to the effective altruism m...
TL;DR: I'm releasing a website that ranks philanthropists according to EA principles and research, and allows users to re-rank the list using their own assumptions. I'd like feedback and help making it better. I'd especially like ideas for how to make the results more trustworthy. Funding may be available.
Crossposted to LessWrong.
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(Please share with your friends in the Netherlands).
On August 5, in Amsterdam in the Netherlands, there’s a protest that could help shut down the world’s largest insect farm. It’s at Teleportboulevard 105 1043 EJ Amsterdam, Netherlands. Read more at this link. There’s also a zoom call on Wednesday 29th July at 12:30pm (CEST) with more info. This...
Not sure if this is the best forum for feedback, so please direct me elsewhere and happy to delete my comment if not.
A few suggestions on the explanation of EV. While the examples are clear, I found the definition of expected value confusing.
It is written as "expected value = likelihood of option x value of option", and "The expected value is the probability multiplied by the value of each outcome".
I read this as: E[X]=xP(x), which doesn't capture the need to sum across outcomes.
Pitched at the same level of technicality, I think a clearer definition is: "The expected value of an uncertain decision is the sum across all outcomes of the value of each outcome multiplied by its probability."
Or some other wording that captures that this is a weighted average. This properly implies the necessary summation across outcomes: E[X]=∑xP(x).
It might also be worth:
Hi John, your revised version of definition helps me greatly.