Evaluation 1 (brief) of "A review of GiveWell's discount rate"

Evaluator 1

No 2026-02, The Unjournal Evaluations from The Unjournal

Abstract: This evaluation examines a paper reviewing GiveWell's discount rate methodology. The paper looks at whether the discount rate should be based on the Ramsey formula or on opportunity cost, the extent to which health benefits should be discounted at a lower rate than consumption benefits, projected consumption growth, the argument for a zero pure rate of time preference, and temporal uncertainty. The evaluator concludes GiveWell should change its social discount rate from 4% to 4.3%, noting enormous uncertainty about the parameters.

Date: 2026-01-26
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Published in The Unjournal

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