Charles Goodhart

Charles Goodhart

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Claims made by or about Charles Goodhart

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Subject

Goodhart's Law > manipulation of measures

Quote from Video

Let me introduce you to Goodhart’s Law, named for British economist Charles Goodhart... “in an adversarial environment, when one party uses a manipulable measure to make decisions, the other party will deliberately manipulate that measure.”

Can Pizza Predict the Start of the Iran War?
Goodhart's Lawstatesmanipulation of measures

Let me introduce you to Goodhart’s Law, named for British economist Charles Goodhart... “in an adversarial environment, when one party uses a manipulable measure to make decisions, the other party will deliberately manipulate that measure.”

10m1s119K views • 3 weeks ago
View Video at Timestamp →

Subject

Goodhart's Law > when a measure becomes a target, it ceases to be a good measure

Quote from Video

Moving along, the second issue is a strategic problem. Let me introduce you to Goodhart’s Law, named for British economist Charles Goodhart. In its traditional form, it says that “when a measure becomes a target, it ceases to be a good measure.”

Can Pizza Predict the Start of the Iran War?
Goodhart's Lawstateswhen a measure becomes a target, it ceases to be a good measure

Moving along, the second issue is a strategic problem. Let me introduce you to Goodhart’s Law, named for British economist Charles Goodhart. In its traditional form, it says that “when a measure becomes a target, it ceases to be a good measure.”

10m1s119K views • 3 weeks ago
View Video at Timestamp →