Friday, July 26, 2013

Profiling

"We can think of profiling as a method to economize on information costs by using easily observed physical characteristics as a proxy for some other characteristic more difficult or costlier to observe. For example, say you seek to hire people to manually unload trucks containing heavy merchandise. I'm guessing that most would use sex as a proxy for strength and select men over the women. That can be called sex profiling. Of course, if you assumed that men and women have equal strength, you'd hire randomly."     [Walter Williams]
 

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