It's a problem everywhere, from bad KPI's to public policy. We have a bias towards metrics that are easy to measure.
It's much easier to measure large effects on a single metric, than small effects distributed over a wide range of metrics. Concentrated effects that affect one individual/org/group are favored over distributed effects that affect everyone. There are so many examples of policies where this thought process has been applied.
Not even easy to measure, just ones that feel like having big impact, unpredictable timing and are not cumulative. That's not a terrible heuristic as black swan events do happen, but then again common risks need to be optimized for too.
It's much easier to measure large effects on a single metric, than small effects distributed over a wide range of metrics. Concentrated effects that affect one individual/org/group are favored over distributed effects that affect everyone. There are so many examples of policies where this thought process has been applied.