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opportunity costs

Essays tagged “opportunity costs”. Follow an idea across the archive.

Essays on opportunity costs

2 essays

Dec 24, 2010LW

Efficient Charity: Do Unto Others...

Scott argues that charitable giving should be approached with rigorous cost-benefit analysis, comparing it to choosing survival gear for an Arctic expedition, and demonstrates how common charitable choices waste opportunities to save lives.

13 min read 1,936 words

Jul 23, 2009LW

AndrewH's observation and opportunity costs

Scott argues that opportunity costs should be calculated based on what you'll realistically do with resources, not on theoretical optimal alternatives, using examples from cryonics spending, NASA budgets, and charitable giving.

4 min read 513 words

budget allocation charity cryonics