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If you value saving lives at a rate of $100,000 worth of utility and a cost of $100,000, then quadratic funding makes you [0] pay $150,000 of money for $100,000
by imtringued 1y ago
If you value saving lives at a rate of $100,000 worth of utility and a cost of $100,000, then quadratic funding makes you [0] pay $150,000 of money for $100,000 worth of utility.
Make sure to carefully read articles before dismissing them twice. Thank you.
[0] you = your contribution + a magical subsidy (presumably paid by you indirectly)
- nkmnz 1y agoThe problem with the article is that they did not make the point you are conveying here. They say: 1. QF cares only about direct utility 2. $saving a life brings $100,000 of INdirect utility for society and/or the person who's life is saved 3. we (again: who?!) don't care about the direct utility in this case I have no idea how you can wrap your head around the idea that this is a good representation of any valid critique. Btw, I think QF is stupid, but that's not the point here.