In this lecture we’ll get to know advanced decision-making tools that can tackle the complexities of reality – including when we have uncertainty about the outcome of our actions. We will also discuss what impact really means. Finally, we will present concrete research tools for assessing real-world impact in complex circumstances.
Additional reading:
- What is Expected Value
- Normative Theories of Rational Choice: Expected Utility
- discussions of RCTs
- How You Can Help, Without Making a Difference
- Probability Theory: The Logic of Science
- Policy Insights
- MIT’s Latif Jameel Poverty Action Lab
- Cost-effectiveness of nets vs. deworming vs. cash transfers
- Deworming might have huge impact, but might have close to zero impact
Applied Ethics Course 