Effective Altruism, and Building a Better QALY
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Improving Effective Altruism metrics with a stronger quantitative foundation for the QUALY pays significant long-term dividends.
Effective Altruism, and Building a Better QALY 06. 04. 2015 1.02 Public philanthropy, in its preoccupation with signaling one’s virtuous action and accompanying social status, often misses the actual good. Effective altruism is trying to build a culture where social status is linked to and increased by provably effective philanthropy. To do this, the EA community uses the QALY (Quality-Adjusted Life Year) to measure philanthropic utility. QALYs are calculated as the average number of additional years of life gained from an intervention, multiplied by a utility judgement of the quality of…
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