Data Science, Economics

Good Metrics & Bad Targets: A Summary on Goodhart’s Law

Every child has learned of the usual scientific method: the variable you change is the independent variable, and the variable that changes as a result is the dependent variable. To ensure causation of the dependent, only one independent variable can be changed at a time while many other things must be kept constant between trials.… Continue reading Good Metrics & Bad Targets: A Summary on Goodhart’s Law