So my initial model did essentially that. But you can’t reasonably estimate cost-effectiveness without considering time, because the counterfactual when you don’t do the work is that it gets done later—you need an idea of how much later to know how valuable it is.
So my initial model did essentially that. But you can’t reasonably estimate cost-effectiveness without considering time, because the counterfactual when you don’t do the work is that it gets done later—you need an idea of how much later to know how valuable it is.