Strong opinions, weakly held

The economics of ratings systems

Tyler Cowen on the economics of ratings systems:

Evaluation systems with fewer and grosser distinctions are often more credible because they are easier to monitor.

On the topic of Spin magazine going from rating records on a scale of 1 to 5 to a scale of 1 to 10.

1 Comment

  1. Spin magazine still exists?

Leave a Reply

Your email address will not be published.


© 2019 rc3.org

Theme by Anders NorenUp ↑