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{{a|design|}}{{d|Multivariate|/ˌmʌltɪˈvɛːrɪət/|adj|}} | {{a|design|}}{{d|Multivariate|/ˌmʌltɪˈvɛːrɪət/|adj|}} | ||
One of the four pillars of [[Goodhart’s law]], a multivariate phenomenon is one explainable by reference to more than one variable — usually several — and whose performance those responsible for any one of those variables can therefore take credit for, should it be satisfactory, or blame on something else, if it is not. For example, “[[stakeholder capitalism]]”. | |||
Compare a [[univariate]] phenomenon. | Compare a [[univariate]] phenomenon. | ||
{{sa}} | {{sa}} | ||
*[[Goodhart’s law]] | |||
*[[Stakeholder capitalism]] | *[[Stakeholder capitalism]] | ||
*[[Shareholder capitalism]] | *[[Shareholder capitalism]] | ||
Revision as of 06:36, 2 May 2023
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The design of organisations and products
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Multivariate
/ˌmʌltɪˈvɛːrɪət/ (adj.)
One of the four pillars of Goodhart’s law, a multivariate phenomenon is one explainable by reference to more than one variable — usually several — and whose performance those responsible for any one of those variables can therefore take credit for, should it be satisfactory, or blame on something else, if it is not. For example, “stakeholder capitalism”.
Compare a univariate phenomenon.
See also
*Goodhart’s law