I don’t see quantitative models in general as having any risks per se, because any result you could get qualitatively you could also get quantitatively. But perhaps quantitative models tend to push people toward certain decisions, and that these decisions are systematically wrong in a way that’s hard to detect.
I don’t see quantitative models in general as having any risks per se, because any result you could get qualitatively you could also get quantitatively. But perhaps quantitative models tend to push people toward certain decisions, and that these decisions are systematically wrong in a way that’s hard to detect.
One big risk is that people might take the model more seriously than it ought to be taken, given a bias toward quantitative things.