“An Introduction to the CRAFT Sequence” by Bob Fischer

This post introduces Rethink Priorities’ Charitable Resource Allocation Frameworks and Tools Sequence (the CRAFT Sequence). After a brief statement of the problems that CRAFT aims to address, we provide an overview of what it includes. Building Giving Portfolios Some people think that you should go all-in on particular giving opportunities. Some people think that you should diversify your giving portfolio. What assumptions and circumstances favor going all-in? What assumptions and circumstances favor diversification? And either way, what should your resources support? Rethink Priorities’ recent Cross-Cause Cost-Effectiveness Model (CCM) can help us rank interventions within certain cause areas. It can also help us rank options based on a handful of key decision theories. However, the CCM isn’t designed to produce giving portfolios per se. The CCM can help us compare interventions with respect to their expected value or risk-adjusted value. But it was never intended to answer the question [...] ---Outline:(00:27) Building Giving Portfolios(02:42) What's to Come(04:11) The Value to You(06:58) AcknowledgmentsThe original text contained 2 images which were described by AI. --- First published: July 8th, 2024 Source: https://forum.effectivealtruism.org/posts/2ZhcAjRofgNFcswZY/an-introduction-to-the-craft-sequence --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.