Hank George: Rules vs. Judgment
"Rules-based" has become something of a cause célèbre in risk appraisal these days, just as "evidence-based" has in clinical medicine (and rightly so around some underwriting
campfires as well).
Assuming it comes to more than vacuous labeling, "evidence-based" anything should exert a reassuring effect on those accountable for whatever such evidence is brought to bear thereupon. Can the same be said of "rules based"?
