I’m fascinated by short online text by GiveWell explaining their theory of ‘Sequence v.s. cluster thinking’ [described here). Sequence in this context doens’t refer to sequences, but rather working from a common unit of measurement like money, or a DALY to value something. To illustrate, $5 USD can get me 20 minutes of sex in Bolivia. A subject theory of value is based off that value thought in ‘sequence’ would be: If I can get more pleasure for less money then some thing is worth it, if I can get less pleasure with more money only then it’s overpriced. Cluster thinking, in contrast, appears to be an informal version of multicretion decision making where knightian uncertainty is handled as uncertain without connotations of risk (thereby falling privy to critiques like pascal’s mugging, if I’m correct).
I’m fascinated by short online text by GiveWell explaining their theory of ‘Sequence v.s. cluster thinking’ [described here). Sequence in this context doens’t refer to sequences, but rather working from a common unit of measurement like money, or a DALY to value something. To illustrate, $5 USD can get me 20 minutes of sex in Bolivia. A subject theory of value is based off that value thought in ‘sequence’ would be: If I can get more pleasure for less money then some thing is worth it, if I can get less pleasure with more money only then it’s overpriced. Cluster thinking, in contrast, appears to be an informal version of multicretion decision making where knightian uncertainty is handled as uncertain without connotations of risk (thereby falling privy to critiques like pascal’s mugging, if I’m correct).