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When ever you concentrate a large enough wad of cash(i.e. the incentive) to a simple metric. Sooner or later that metric will be gamed. Metrics should be more n
by itissid 8y ago
When ever you concentrate a large enough wad of cash(i.e. the incentive) to a simple metric. Sooner or later that metric will be gamed. Metrics should be more nuanced and well studied and flexible to change and behavioral study needs to be incorporated into fraud detection and prevention.
Libor, No Child Left Behind policy that ties test scores to school funding are some of the other examples that have similar issues.
- snarf21 8y agoYou are exactly right but you always get what you optimize for. In this case, it worked exactly as intended.