soreff comments on Polyhacking - Less Wrong
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Yup, good point. I have no idea what "should" count as the "gold standard" for status. If it had been the case that status was "really" a ranking, and therefore inherently zero sum, then it could produce one of those cases where people would be better off if they were consistently wrong about their actual status - if they consistently overestimated it. However, since status is a vastly fuzzier thing than, for instance, height or weight, it isn't at all clear what counts as correctly estimating one's status.