Expressions
- Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes.
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- (Goodhart's original 1975 formulation, reprinted on p. 116 in Goodhart 1981)
- A risk model breaks down when used for regulatory purposes. (DanÃelsson, 2002)
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- (DanÃelsson formally labels this a corollary of Goodhart's Law.)
- When a measure becomes a target, it ceases to be a good measure.
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- (Professor Marilyn Strathern FBA)
- Goodhart's law is a generalized social science expression of the more well-known and economic-specific Lucas critique.
Read more about this topic: Goodhart's Law
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