I think this post is a clear explanation of an important point in system dynamics, connected to personal psychology (and thus individual rationality). It connects to other important concepts, like the tails coming apart and Goodhart, while being distinct (in a way that I think helps clarify them all).
I think this post is a clear explanation of an important point in system dynamics, connected to personal psychology (and thus individual rationality). It connects to other important concepts, like the tails coming apart and Goodhart, while being distinct (in a way that I think helps clarify them all).