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A professor friend notes a similar dynamic in grant applications. Certain big philanthropic groups only have bandwidth to look at grants that are >=$1M -- with
by setgree 8y ago
A professor friend notes a similar dynamic in grant applications. Certain big philanthropic groups only have bandwidth to look at grants that are >=$1M -- with predictable effects (grants balloon, the amount of time spent thinking about how to spend each marginal dollar asymptotes to zero, etc.).