172 – Proxy Variables

The IDEMS Podcast
The IDEMS Podcast
172 – Proxy Variables
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Description

In this episode, Lily and David discuss the concept of proxy variables and feedback loops. They explore the use of proxies when direct measurement is impractical, using examples from agriculture and education. The discussion includes the pitfalls of educational performance metrics and university rankings, demonstrating the complexities and potential misinterpretations involved in using proxy indicators.