Projektnummer

0062181

Zusammenfassung

In many areas of society we rely on competition to better achieve societal goals. However, due to imperfect information, competition generally depends on quantitative proxy measures in order to assess performance. This leads to an increasing use of such quantitative 'proxies' in modern societies. Examples include: in science, the publication count of an author, in healthcare, the number of patients treated, or in economics, the profit achieved. Importantly, in many circumstances it may be possible to make decisions which optimize 'proxy performance' but not the actual societal goal. In...