Cost benefit analysis of ER visit for toddler fever during pandemic

Nothing like attempting to figure out how high of temperature is sufficient to risk an ER visit for a toddler when the wait time will be several hours and the kid will likely contract COVID from the visit. Just add more stress to the situation. We went with the wait and monitor option with the plan that we would go in if got worse. Fortunately sick kid still seems energetic and we're only a couple hours away from the children's walk in clinic opening.

Also, I have met the yearly quota for being puked on.

Thank you to anyone who works in healthcare. I'm sorry it's a giant shit show but my family is trying to do our part to not make it worse.

UPDATE: toddler has COVID so I guess it wouldn't have mattered if we had gone to the ER. Would just have wasted hours there instead of chilling at home waiting for walk in clinic to open.

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๐Ÿ‘ค︎ u/empressofnodak
๐Ÿ“…︎ Jan 24 2022
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Cost benefit analysis: Covid === Polio ๐Ÿคฆโ€โ™€๏ธ
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๐Ÿ‘ค︎ u/radmadicalhatter
๐Ÿ“…︎ Dec 13 2021
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Painting old aluminum siding (1960s) vs replacing the siding with something else. Will it look good? Cost/benefit analysis.

I recently bought a home that has its original aluminum siding from the 60s.

Iโ€™m considering whether or not to have it painted vs having completely new siding installed. Itโ€™s probably close to 1000 SF.

Obviously new siding will look better. But how long will nicely painted aluminum siding look good?

Thanks.

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๐Ÿ‘ค︎ u/smellslikeperch
๐Ÿ“…︎ Jan 14 2022
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All we have to do to change our lives forever is HODL GME. An apes cost-benefit analysis.

Not financial advice but we only get one shot at this.

If all we have to do to change our lives forever is to not sell GME, then we should take that chance.

Lets do a little cost-benefit analysis:

The costs: -potentially losing 100% of your investment (very unlikely given where GameStop currently is and is going as a company) -potentially not making any gains on your investment

The benefit: -own a piece of a fantastic growing company (likely for life) -to stop working the rest of your life -to finally pursue your dreams the way you wanted -to help others -to make a difference

I am taking that chance and there is no amount of FUD that will make me sell!

BUY HOLD DRS See ya on the moon ๐Ÿš€๐Ÿš€๐Ÿš€

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๐Ÿ‘ค︎ u/Warm-Designer-1409
๐Ÿ“…︎ Dec 20 2021
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Anyone know how long the chick fil a has been? Doing a cost benefit analysis rn
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๐Ÿ‘ค︎ u/backup312
๐Ÿ“…︎ Jan 06 2022
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Analysis of the costs and benefits of hedging via $TAIL

Yesterday I asked for alternative hedges for HFEA instead of TMF, one of the mentioned options was TAIL.

The funds underlying investments are:

  • 85% intermediate term bonds
  • 6% TIPS
  • 6% puts
  • 3% cash

The fund has limited historical data (2018-2021).

I wanted to get a feel for the cost and benefit of the put option strategy, so I subtracted the bonds, TIPS and CASH return.

Costs complete PV time frame Jan 2018 - Dec 2021

  • 100% TAIL: -/- 4.78% CAGR
  • 100% CASHX: 1.12% CAGR
  • Put portion of TAIL: -/- 6.96% - 0.94 * 1.12% = -/- 8.01% CAGR

(The 0.94 is to remove the return of CASHX. 0.94 because TAIL has a 3% cash position, so instead of +91% it should be -3%)

Over the complete PV time frame the puts had a CAGR of circa -/- 8%.

Note: when I compare 100% UPRO with 94% UPRO + 6% puts then the CAGR is 'only' circa 4.78% lower (see conclusion), instead of 8% lower.

Cost in periods without crashes

The puts benefit from crashes and declining markets. The COVID March 2020 was favorable for the put strategy, but such a crash shouldn't happen too often. From March 2020 to December 2021 it lost 23% (7494 / 9706)[using PV values], which is a CAGR of roughly -/- 14% (7494 / 9706) ** (1/1.75).

Benefits

From January - March 2020 it gained ~14% (9706 / 8479). Extremely unlikely that you get this for a full year but it is a CAGR of 125% (9706 / 8479) ** (1/(2/12)).

Conclusion

  • The put strategy is a real hedge; it has a market correlation of -/- 0.90. During
... keep reading on reddit โžก

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๐Ÿ‘ค︎ u/9xD4aPHdEeb
๐Ÿ“…︎ Jan 02 2022
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Dating trads: cost benefit analysis

I don't really know to what extent trads are a thing. But if you are one or have had experiences with them, I'd love to hear people map the dating territory a bit.

Do they read classical literature? How many are crypto-sedes? Thoughtful opinions about gender or silly ones? Do they think concerns for racial justice are part of spurious plot by communists to destroy western civilization? Etc

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๐Ÿ‘ค︎ u/Boystarshollow
๐Ÿ“…︎ Dec 05 2021
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How do you balance the cost/benefit analysis when it comes to gun rights?

There are of course ideological and philosophical arguments to be made, but from a purely policy perspective, I don't get the urgency.

From the numbers I have seen, the lower end of the spectrum puts defensive gun uses on average at about 100,000 a year. So that's 100,000 times an American uses a firearm to defend themselves and their family, while there's around 35,000 gun deaths, with 2/3 of those being suicide. I don't get how you look at those numbers and think that the costs of gun ownership outweigh the benefits.

Nor do I get the urgency to ban "assault weapons" which are only responsible for a few hundred deaths a year on average. tie that together with all of the other annoying restrictions like magazine capacity, and "may issue" permitting schemes, none of it seems like it will actually keep people safer, while they impede the ability of law abiding Americans to be armed for their own defense.

Please walk me through the logic, on why you think the cost/benefit supports gun control, and maybe what policies you think would help solve the issues you see around it?

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๐Ÿ‘ค︎ u/Permit_Current
๐Ÿ“…︎ Nov 04 2021
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What are good arguments against benefit-cost analysis being โ€œickyโ€?

I know economics is the โ€œdismal scienceโ€, but Iโ€™m curious what are good arguments for a general public audience in favor of benefit-cost analysis and against it being โ€œickyโ€.

Specifically, many people seem to have an issue with the value of statistical life (VSL). They view it as putting a price on peopleโ€™s heads or as a way to justify letting people die as being โ€œacceptableโ€.

What are good ways to combat this thinking?

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๐Ÿ‘ค︎ u/engr4lyfe
๐Ÿ“…︎ Jan 16 2022
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A Cost Benefit Analysis of Monetary Union

In the world today, systems in which countries come together in agreement of sharing single money. The system is called currency or monetary union.

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๐Ÿ“…︎ Jan 27 2022
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Boris Johnson 'privately accepts' up to 50,000 annual Covid deaths as an acceptable level. i understands Downing Street will consider a cost-benefit analysis on both saving lives and effect of deaths on the UK economy before implementing contingency plans for further lockdowns inews.co.uk/news/boris-joโ€ฆ
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๐Ÿ‘ค︎ u/CaravanOfDeath
๐Ÿ“…︎ Aug 27 2021
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Working families will be more than ยฃ1,700 worse off by next April, new Labour analysis warns | Party stresses cost-of-living crisis from โ€˜perfect stormโ€™ of tax hikes, benefit cuts and soaring fuel bills independent.co.uk/news/ukโ€ฆ
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๐Ÿ‘ค︎ u/qpl23
๐Ÿ“…︎ Sep 29 2021
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Do the COVID vaccines still pass a cost benefit analysis in all age groups?

I just tuned into Destinyโ€™s stream for a few minutes to hear a vaccine debate, it was not something I think Iโ€™d learn anything by listening to so I shut it off. But I still think thereโ€™s merit in having this conversation, it just needs to be done with a clear framework to think about it:

  1. At a basic level, you want to to make sure that giving a prophylactic/vaccine/medical treatment to anyone is in their best interest
  2. COVID-19โ€™s clinical outcomes are highly stratified by age with the vast majority of morbidity and mortality being in those among 65
  3. Long term side effects of both the vaccine and the virus are unknown, so unless we have some strong mechanistic reason to believe one is more likely to be damaging in the long term, we probably shouldnโ€™t factor this into our analysis
  4. Both the vaccine and the virus pose known (and some unknown) risks to varying degrees
  5. Variants and time reduce the vaccineโ€™s ability to prevent infections and severe disease

I donโ€™t think anyone here can disagree with these points. My question is do we still have good reason to believe vaccination is worth it for all age groups? Or has Omicron, which appears to be inherently less dangerous and more likely to evade vaccine generated immunity, changed the calculus such that vaccination is no longer worth the risk in some age groups?

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๐Ÿ‘ค︎ u/MozzarellaThaGod
๐Ÿ“…︎ Jan 06 2022
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Covid and Cost-Benefit Analysis

I'm not sure if Sam has ever done an episode on cost-benefit analysis but I'd love to hear his thoughts on this. Recently, Andrew Sullivan did an interview noting that children are eighteen times more likely to die in a drowning accident than they are from catching Covid. He argued that given how uncomfortable wearing a mask is for a prolonged period of time (6 hours a day, five days a week in school) the case for mandates was very weak on cost-benefit grounds. My girlfriend's sister who is a hardcore liberal was at our house and hate watching this and she was all 'So he knows people will die and he's okay with it.'

I am under strict instructions not to get into it with her (despite voting for Biden she thinks of me as a hardcore right-winger lol) but I know her view is very common among people on the Left. It's not merely an aversion to those who oppose mask mandates but, seemingly, an aversion to the very concept of cost-benefit analysis. What I want to say to these people is 'We know for a fact lowering the speed limit ten ticks would say lives but we don't do it because efficiency is fucking valuable.'

It seems like the Left has decided to combat the Right's Covid denialism and anti-vaxlunacy with a religious embrace of maximum safety without regard for the costs of living in a maximally safe world. Here in Montreal where I currently live for my job (and in any other big liberal city) you see people fully vaxxed people wearing masks outside when they go for a run! Virtue signaling married to a poor ability to estimate risk is a pretty bad thing in my view.

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๐Ÿ‘ค︎ u/labelleprovinceguy
๐Ÿ“…︎ Aug 31 2021
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Leaked: Government cost-benefit analysis for the current situation
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๐Ÿ‘ค︎ u/HarrowingOfTheNorth
๐Ÿ“…︎ Oct 20 2021
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Cost & Benefit Analysis

**COST & BENEFIT ANALYSIS**

Creating a cost & benefit analysis can help decrease the desire for porn and increase the desire for a pornfree life. Here is how you make a cost benefit analysis.

*Step 1:* Think about your reasons for watching porn. What are you getting out of it?

**Step 2:** Think about the costs of watching porn. How has porn negatively impacted your life?

**Step 3:** Take the opposite of the costs, these will be the benefits of being pornfree.

**Step 4: **Think about the costs of no longer watching porn. See if you can find a substitute for the benefit it gives you. This will give you even less reason to go back to porn.

For reference see the example below:

**Cost Benefit Analysis.**

S - Short term

L - Long term

**Benefits of porn**

sexual pleasure S

escaping from reality S

**Benefits of staying clean**

More self-respect S

regaining my desire to do things L

less depression L

more energy L

seeing women as real people instead of sex objects L

increased desire to socialize L

freedom from cravings L

a lot more free time S

no more shame S

able to feel more emotions L

mental clarity L

less stressed L

calm and confident in social situations L

**Costs of porn**

Porn induced erectile dysfunction

feeling ashamed and pathetic

being tired all the time

feeling dead inside

constant cravings

social anxiety

wanting to isolate

wasting hours of time

seeing women as sex objects

no desire to do anything, no lust for life.

brainfog

anxiety / stress

**Costs of staying clean**

No more instant sexual pleasure

No more running from reality

*you can masturbate without porn, or even better, get yourself a girlfriend and have sex.

*Running from reality only makes reality worse. Instead of making it worse you can make it so fulfilling that you have no desire to run.

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๐Ÿ‘ค︎ u/Fluffy-Load-6964
๐Ÿ“…︎ Jan 08 2022
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It's long past time for cost-benefit analysis on blockchain theregister.com/2021/12/0โ€ฆ
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๐Ÿ‘ค︎ u/CrankyBear
๐Ÿ“…︎ Dec 06 2021
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It's unpopular to suggest British imperialism was anything but an unmitigated disaster for its colonial subjects. Would a fair cost- benefit analysis agree with this conclusion? reddit.com/r/AskHistorianโ€ฆ
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๐Ÿ‘ค︎ u/HistAnsweredBot
๐Ÿ“…︎ Jan 13 2022
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UK government cost-benefit analysis to accept 1,000 Covid-related deaths a week average - report theguardian.com/world/livโ€ฆ
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๐Ÿ‘ค︎ u/lapsedPacifist5
๐Ÿ“…︎ Aug 27 2021
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How long do "cheap" pedals last? "For benefit cost ratio analysis"

I'm a beginner and just bought an rc30 because i like to jam with myself haha. Got curious with other pedals also (oh it seems like one of the best rabbit holes of life haha).

I'm thinking of buying "cheap" pedals for the sake of learning and exploring my taste in guitar playing. Not into one multi-effect pedal because i think i like the idea of having quick and easy access to the knobs and foot switches.

It's difficult to define what cheap is haha. Please share your thoughts anyway.

Thank you in advance for your wisdom!

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๐Ÿ‘ค︎ u/limedove
๐Ÿ“…︎ Oct 10 2021
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cost-benefit analysis of car rental

As a fulltime courier, how do I do a cost-benefit analysis of renting a car when my car is unexpectedly out of service? I know the expected rental cost, and my past weekly revenue and income. I can hypothesize two days vs two weeks. My only car went out of service on a Friday evening. I might theoretically have it repaired and returned by Tuesday. I won't drive one of those days.

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๐Ÿ‘ค︎ u/seismicpdx
๐Ÿ“…︎ Nov 20 2021
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Cost-volume-profit Analysis Benefits and Limitations

It is widely accepted that Cost-Volume-Profit Analysis has been a phenomenon recently, and it uses in not only accounting but also economics, finance and manufacturing because the analysis is directly addressing to solutions of some problems that a company faces.

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๐Ÿ‘ค︎ u/Ok_Video_6002
๐Ÿ“…︎ Jan 05 2022
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[DeBoer] Critical Race Theory could use a little cost/benefit analysis freddiedeboer.substack.coโ€ฆ
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๐Ÿ‘ค︎ u/thebloodisfoul
๐Ÿ“…︎ Nov 03 2021
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The Bizarre Refusal to Apply Cost-Benefit Analysis to COVID Debates rumble.com/vln3ca-the-bizโ€ฆ
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๐Ÿ‘ค︎ u/Imperial_Forces
๐Ÿ“…︎ Aug 25 2021
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A rare error in Tyranid Cost-Benefit Analysis:
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๐Ÿ‘ค︎ u/emwattnot
๐Ÿ“…︎ Jun 05 2021
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Help! Cost-Benefit Analysis master level
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๐Ÿ‘ค︎ u/Suduko2021
๐Ÿ“…︎ Dec 05 2021
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Cost benefit by age analysis: The COVID vaccines kill more people than they save for all age groups skirsch.com/covid/VCage.pโ€ฆ
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๐Ÿ‘ค︎ u/chudslayer
๐Ÿ“…︎ Sep 29 2021
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Advice on excel template for keeping track of cards, info, benefits, cost analysis etc. A โ€œmaster sheetโ€

I am new to the system of acquiring cards to get the most โ€œjuice from the squeeze.โ€ I can see how it can easily become challenging/confusing to analyze which cards owned are best for certain spend on them due to benefits. Keeping track of cash/points back is easy as I see what which one is highest for how I value the return on spend. But for example many cards have streaming credits, hotel credits, airline credits. Some cards get more in-depth than that. So keeping track of what cards do what, which card Iโ€™m using x,y,z benefit with which streaming service/hotel etc.

Was wondering if anyone has organized an excel (or similar software) template they would be willing to share that would help with making one for myself?

I have seen asksebby show some that are card specific, or aimed at the topic of the video and would think he has some โ€œmaster sheetโ€

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๐Ÿ‘ค︎ u/woshjollace
๐Ÿ“…︎ Nov 03 2021
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Cost/Benefit Analysis

let's say that, hypothetically, you friend had an assignment that was worth 10% of their grade in that class. the assignment is a 500 word essay based on a 180 page reading that was meant to have been completed well before the essay due date. your friend has not started the essay because they have not yet done the reading. your friend loses 5% per day. it has been 9 days, thus a 45% deduction (though your friend was sick for three days, and could possible get just a 30% deduction). Your friend has other pressing assignments in other classes worth more, at this time.

should your friend even bother with this 500 word essay? (asking for a friend)

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๐Ÿ‘ค︎ u/ariq_ah
๐Ÿ“…︎ Oct 08 2021
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Zizek on the commodification of love ~ love is now a cost-benefit analysis of your emotional labor youtube.com/watch?v=8PG4zโ€ฆ
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๐Ÿ‘ค︎ u/mattjshermandotcom
๐Ÿ“…︎ Oct 29 2021
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What does everyone think about this argument put forth by Greenwald about cost-benefit analysis? greenwald.substack.com/p/โ€ฆ
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๐Ÿ‘ค︎ u/AndLetRinse
๐Ÿ“…︎ Aug 25 2021
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music production computer in USA, under $1k, any screen size; can you help with cost/benefit analysis?

I have a 2015 Thinkpad T450s with i5@ 2.3GHz, 8GB RAM, 250GB SSD (but I have an external 1tb SSD where I store my libraries, and I keep my internal drive about half empty) and I use a Focusrite 2i2 audio interface. I use this computer for music production on Reaper - I record guitar and vocals but everything else is MIDI - regular internet use and MS Office stuff; that's it, no games, no fancy video editing, just music software and bare bones, and that's all I want/need. For a lot of software I'm right inside the bottom limit of the recommended specs, so Kontakt/Komplete, Halion, etc., I can technically use, but I want to be able to get Omnisphere, and have songs with ~20 tracks and at least a few instances of Omnisphere without worrying about crashes/freezes. So far, I have infrequent crashes, but I do get speed/buffering/clipping issues when I get to even the low end of the "1-song-worth-of-plugins" spectrum.

So what I want is a computer with a better CPU that's strong enough for modern music plugins at least at the amateur level, with at least 16GB of RAM, and a SSD, but I don't care if its relatively small because I'm fine with external storage. And bonus points if I can upgrade the RAM at some point. I put $1k as the budget, but I'm broke and I'm also cheap, so if there's anything that meets these criteria for $500, that's even better.

I don't care about the screen size or quality. I don't care if its new or used. I don't care about gaming. I don't care if its a laptop or desktop. I don't care if it weighs 40 pounds. I just want the best CPU and RAM I can get, with reasonable storage, maybe ~250-500gb or so, at the lowest possible price point. I was on the verge of buying a hard-to-source RAM stick for $120 to increase my RAM to 20gb, when I realized that the RAM stick would be worth about as much if not more than the computer, and I'm at a point where I really need to figure out what kind of quality I can get at my budget, because if I can't get a significant improvement for that money, I might end up actually getting that RAM stick instead and just finding workarounds.

Anyone who takes the time to read this, thank you... and any help would be greatly appreciated.

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๐Ÿ‘ค︎ u/HunterButtersworth
๐Ÿ“…︎ Oct 25 2021
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It's unpopular to suggest British imperialism was anything but an unmitigated disaster for its colonial subjects. Would a fair cost- benefit analysis agree with this conclusion?
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๐Ÿ‘ค︎ u/RusticBohemian
๐Ÿ“…︎ Sep 19 2021
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eli5, what is a discount rate when calculating a cost-benefit analysis?

Eg. 5%. I have been googling but can't seem to wrap my head around it. Thanks in advance

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๐Ÿ‘ค︎ u/KhazixTheVoidreaver
๐Ÿ“…︎ Nov 11 2021
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It's long past time for cost-benefit analysis on blockchain theregister.com/2021/12/0โ€ฆ
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๐Ÿ‘ค︎ u/rtbot2
๐Ÿ“…︎ Dec 06 2021
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A numerical cost-benefit analysis into how lockdowns have caused several times more harm than they could have possibly prevented.

Premise: The first essential requirement of lockdowns is that they save many more lives than they take. Absolutely nobody should be in disagreement that if they caused a greater loss of life than they prevented, they could not be justified under any conceivable scenario.

The following figures are for the UK, but similar analyses can be done for any country. To try and answer this question, we need to look at QALYs (Quality-Adjusted Life Years). Essentially, a year of life gained/lost, adjusted for the quality of life experienced during it.

1) What is the maximum number of QALYs lockdowns could have saved? We will use the famous Imperial College modelling for this question (for the sake of argument, assume the model is accurate). The projected deaths in an unmitigated pandemic was 500,000. The UK has, with lockdowns, experienced around 140,000.

Thus we can say that the maximum number of lives saved here is around 360,000, and if we generously assume that each life had 10 years left to live, then we are looking at around 3.6 million QALYs saved due to lockdowns. Of course, no pandemic would be unmitigated, and the 500,000 number is a purely academic thought experiment - but we will run with it here.

2) How many QALYs have been lost due to lockdowns? This is not easy to answer, but first we will look at the year+ spent in lockdown itself. The entire UK population (66 million people) was subjected to entirely unprecedented restrictions on basic everyday life and human contact. Almost everyone experienced a loss in quality of life due to these restrictions. How much exactly will vary massively between people, but let us conservatively assume on average Brits lost 10% in quality of life specifically due to lockdowns and associated restrictions.

Across the whole population, that is a loss of 6.6 million QALYs, just during the lockdown period itself.

As well as this, we need to look at long term loss of QALYs, after the lockdowns ended and far into the future. This is also difficult to estimate - but the effects of unemployment, poverty, homelessness, mental illness, increased drug/smoking/alcohol usage, increase in obesity, missed diagnoses, impaired childhood development, impaired education, divorces, domestic/child abuse, etc would all need to be taken into account.

This paper from the US projected around 800k excess deaths due to unemployment alone - adjusted for UK population,

... keep reading on reddit โžก

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๐Ÿ‘ค︎ u/leviathanrecall
๐Ÿ“…︎ Sep 08 2021
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