Dictionary · The McNamara Fallacy
L2 — definitions grouped by regulatory framework.
1 sense under The McNamara Fallacy
Nouns
1 sense- Mcnamara Fallacy
presum[ing] that (A) quantitative models of reality are always more accurate than other models; (B) the quantitative measurements that can be made most easily must be the most relevant; and (C) factors other than those currently being used in quantitative metrics must either not exist or not have a significant influence on success. Also known as the quantitative fallacy.