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Sewing-Machine comments on The Optimizer's Curse and How to Beat It - Less Wrong

44 Post author: lukeprog 16 September 2011 02:46AM

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Comment author: [deleted] 16 September 2011 04:29:55PM 2 points [-]

Put another way, the higher the variance in the true payoffs, the less relevant the curse. This is the flipside of: the more accurate the estimates, the less relevant the curse.