updated 2mo ago
Goodhart's law
- Goodhart's law is an adage often stated as, "When a measure becomes a target, it ceases to be a good measure".[1] It is named after British economist Charles Goodhart, who is credited with expressing the core idea of the adage in a 1975 article on monetary policy in the United Kingdom:[2]
Any observed statistical regularity will tend to collapse on
... See morefrom Goodhart's law by Charles Goodhart
baja added 2mo ago