Friday, October 27, 2017

You Cannot Cheat What You Do Not Measure

The international edition of the German magazine Spiegel has a two part article about the three graduate students who uncovered the huge emissions fraud by Volkswagen. This is of interest to motorheads and techies alike. The case is another great example of measurement dysfunction (and its kin incentive distortion, moral hazard, perverse incentives, unintended consequences, etc.) albeit on a enormous scale.

No comments: