https://cs.stanford.edu/~jsteinhardt/ResearchasaStochasticDecisionProcess.html
Via Gwern.
In this post I will talk about an approach to research (and other projects that involve high uncertainty) that has substantially improved my productivity. Before implementing this approach, I made little research progress for over a year; afterwards, I completed one project every four months on average. Other changes also contributed, but I expect the ideas here to at least double your productivity if you aren't already employing a similar process.
Many EA type activities could benefit from this framework!
My own approach i describe as multiobjective optimization but more based on simulated annealing/statistical mechanics) and deals with 'stopping times' rather than 'fail rates' though they are closely connected. I think maybe many EA affiliated people will not go through that whole paper--at least the few i've met. (I was told to get a CS degree either at UCSF where i had a job in theoretical biology or stanford, so i chose the 'stopping time' or 'fail rate'. I was pretty succesful at failing. Completed failing at 4 projects in 4 months. Condoleeza Rice also teaches at Stanford now---she helped win the war in Afghanistsan, Iraq, etc. No, good deed goes unrewarded.
Thank you!!