Impact and fairness trade off

Impact and fairness trade off

Impact and fairness trade off

When optimizing for outcomes and impact, often fairness is not optimized (as it is thought of by many).

This is an important trade-off to understand and deal with explicitly. In general, I feel that Optimizing impact and outcomes takes priorities over conceptions of fairness. Though, under a conception of fairness usually lies a inefficient outcome or impact distribution, and that is important to keep in mind.

Examples

  • extreme wealth redistribution