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Every selection process or auction contains subjectivity. Ball players are not just judged on their stats, but on their pedigree, coaches, and endorsements, the compilation of which are subjective. Fine art, which is often sold at open auctions, is completely subjective. Brands, connections, styles, and attitude are all attributes that are bought and sold, and are almost entirely subjective.

Attempting to remove subjectivity from the job application or valuation process is a worthy goal, but has not historically been terribly successful.




The mechanism I described does not arise from the subjectivity alone.




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