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All Models Are Wrong; Some Models Are Harmful, David Hunt, Michael P. Johnson Jr. Oct 2017

All Models Are Wrong; Some Models Are Harmful, David Hunt, Michael P. Johnson Jr.

Michael P. Johnson

We like to think that CBOR involves the application of analytical methods to "do good" locally, and, most will agree these efforts are "doing good". However, what is meant by "doing good" and how do we know when our models are not "doing good" and may in fact be doing harm? Some philosophers consider happiness as the only good, and utilitarianism is based on maximizing happiness. But maximizing happiness can create winners and losers, and are we really "doing good" as long as the pluses outweigh the minuses? This presentation will explore these topics using examples drawn from CBOR.