@tipsfromkatee using resources to accomplish multiple good things may be better than spending them all trying to accomplish the best.
-
-
Replying to @ozymandias314
@ozymandias314 only if you're allocating sufficiently large blocks of resources to substantially affect the marginal goodness of things3 replies 0 retweets 0 likes -
Replying to @GapOfGods
@tipsfromkatee Don’t Austrian insights apply to charity choice, in other words?1 reply 0 retweets 0 likes -
Replying to @Meaningness
@Meaningness@tipsfromkatee what does "Austrian insights" mean?2 replies 0 retweets 0 likes -
Replying to @ozymandias314
@ozymandias314@tipsfromkatee People have different tastes and know different things, so preferences can’t be coordinated centrally.2 replies 0 retweets 1 like -
Replying to @Meaningness
@Meaningness@ozymandias314 if one has private knowledge that a thing is better than other things, one should act on that private knowledge2 replies 0 retweets 0 likes -
Replying to @GapOfGods
@tipsfromkatee one also has private ignorance… does portfolio diversification theory not apply, for that reason?2 replies 0 retweets 0 likes -
Replying to @Meaningness
@Meaningness portfolio diversification theory i think is about avoiding risk, which isn't a concern if one is doing utility maximisation2 replies 0 retweets 0 likes -
Replying to @GapOfGods
@tipsfromkatee This might be interestingly connected with our disagreement about Bayesianism!1 reply 0 retweets 0 likes -
Replying to @Meaningness
@Meaningness it might be. here's a comment expanding on the diminishing returns argument: http://lesswrong.com/lw/elo/a_mathematical_explanation_of_why_charity/7hsp …2 replies 0 retweets 0 likes
@tipsfromkatee Tx! I think diminishing marginal utility is one reason to diversity, but ignorance is another.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.