That’s true, but the discount factor still applies. Helping people in the third world is cheap enough relative to helping people in the first world that it makes up for the reduced utility per year of life saved.
The same discount factor applies to helping yourself in probability branches where you experience disasters, at the expense of ones where you don’t.
That’s true, but the discount factor still applies. Helping people in the third world is cheap enough relative to helping people in the first world that it makes up for the reduced utility per year of life saved.
The same discount factor applies to helping yourself in probability branches where you experience disasters, at the expense of ones where you don’t.