4 is a small number. It is pretty rare that a cost-benefit calculation cares about that factor of 4, that multiplying the benefits by 4 will change the decision from reject to accept.
It seems we have a different perception of smallness and tend to encounter different cost-benefit calculations.
4 is a small number. It is pretty rare that a cost-benefit calculation cares about that factor of 4, that multiplying the benefits by 4 will change the decision from reject to accept.
It seems we have a different perception of smallness and tend to encounter different cost-benefit calculations.