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Neutral hours: a tool for valuing time

Owen Cotton-Barratt Prioritisation is mostly about working out how to trade different resources off against one another. Prioritisation problems come at different scales: for individuals, for companies or organisations, for the world at large. At the Global Priorities Project we’re mostly interested in the large-scale questions. But we sometimes have something to say about smaller […]

"Czech-2013-Prague-Astronomical clock face" by Godot13 - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:Czech-2013-Prague-Astronomical_clock_face.jpg#mediaviewer/File:Czech-2013-Prague-Astronomical_clock_face.jpg

Allocating risk mitigation across time – FHI technical report

Owen Cotton-Barratt has just released a Future of Humanity Institute technical report on the strategic considerations in the timing of work on catastrophic risks such as artificial intelligence- “Allocating risk mitigation across time”. From his abstract: This article is about priority-setting for work aiming to reduce existential risk. Its chief claim is that all else […]

Fondation Brocher

Discounting for uncertainty in a health context

Owen Cotton-Barratt Owen presents his research into uncertainty in a health context and time-discounting at the 2014 Brocher Summer Academy on Ethical Issues in Global Population Health. Looks at different reasons we might discount future health benefits, and explores how discounting for uncertainty differs from discounting for time preference. You can watch the talk here. You […]

Self-driving cars: a chance to get our relationship with future technology right

Owen Cotton-Barratt and Sebastian Farquhar Self-driving cars are coming. A review of existing legislation by the Department for Transport, released Wednesday, said the cars could be tested legally on any roads in Britain, so long as there was a human driver in the car who could assume control and would take responsibility for any accident. Google’s prototypes […]

Give now or later? What to do when the order of your actions matters

Owen Cotton-Barratt and Ben Todd This post was produced in collaboration with 80,000 Hours. The introduction, below is also available on 80,000 Hour’s website. The detailed methodological considerations supporting it are below. These considerations can be easily extended to a wide range of similar applications, including the rate at which foundations spend down their reserves. […]

Project Overview: Problems of unknown difficulty

Owen Cotton-Barratt Over the past few months we’ve written a variety of pieces which fit together to give a picture of how we might estimate cost-effectiveness for research and similar activities. This page collects them, summarises what’s contained in each, and explains how they fit together. I gave an overview of my thinking at the Good Done […]

Research note: How valuable is medical research?

Max Dalton This post was written in conjunction with Giving What We Can, and first appeared on their blog. It is part of the Global Priorities Project series of posts on how we should prioritise research and similar activities. How valuable is medical research? Finding the solution to a problem in medical research is not only […]

Photo from Ramunas Geciauskas http://www.flickr.com/photos/qisur/4351196974/

Part 5: Theory behind logarithmic returns

Photo by Ramunas Geciauskas  Owen Cotton-Barratt Areas of endeavour This is part of a series of posts on how we should prioritise research and similar activities. In a previous post, we investigated methodology for estimating the expected returns from working on a problem of unknown difficulty. We argued that ex ante the expected benefits should often scale […]

John Napier, the inventor of the logarithm. (c) Royal Observatory Edinburgh; Supplied by The Public Catalogue Foundation

Part 4: The law of logarithmic returns

Photo (c) Royal Observatory Edinburgh; Supplied by The Public Catalogue Foundation Owen Cotton-Barratt This is part of a series of posts on how we should prioritise research and similar activities. In a previous post, we investigated methodology for estimating the expected returns from working on a problem of unknown difficulty. We argued that ex ante the […]

Neglected diseases can often be overcome by comparatively cheap interventions relative to many other diseases.

Part 3: Estimating the cost-effectiveness of research into neglected diseases

Max Dalton Max Dalton did this work while working on a research internship with Owen Cotton-Barratt at the Global Priorities Project. It is part of our project about prioritisation under uncertainty. It interfaces with Giving What We Can in providing estimates of the cost-effectiveness of interventions in developing-world health. Summary This post examines the returns to funding […]