Returns on performance being pareto distributed is emphatically NOT the same thing as performance being pareto distributed.
How do you measure performance, then? If you can only rank it, distributions mean nothing.
I’m not sure if I understand what you mean. Would you care to elaborate?
Never mind. https://www.lesswrong.com/posts/RDokeedGWxHGggvAh/if-individual-performance-is-pareto-distributed-how-should?commentId=8MSALh9tWNcrEbwrg brought the point home for me.
Returns on performance being pareto distributed is emphatically NOT the same thing as performance being pareto distributed.
How do you measure performance, then? If you can only rank it, distributions mean nothing.
I’m not sure if I understand what you mean. Would you care to elaborate?
Never mind. https://www.lesswrong.com/posts/RDokeedGWxHGggvAh/if-individual-performance-is-pareto-distributed-how-should?commentId=8MSALh9tWNcrEbwrg brought the point home for me.