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by someguyorother 1843 days ago
Perhaps a more general observation is that a measure that faces pressure by intelligent agents needs to be monitored and adjusted by equally intelligent agents to patch the exploits.

So you can either use a simple measure that doesn't work, or a complex measure that does work, but at potentially great cost (evaluating all the terms, bureaucratic inertia by the controllers, etc.)

Some metrics seem to provide more of a free lunch - be more robust - than others. It's not obvious which are robust, however.

2 comments

This is everything in society, and many problems arise because those manipulating the measure have more to gain by challenging it, while the checks and balances only face loss.
Sounds like this would just lead to an arms race between smart managers and smart employees.