One Capability or Many?
Do economically framed benchmarks measure a distinct capability? No distinct factor emerges under a pre-specified rule, yet a multi-factor model predicts them better out of sample.
421 model configurationsHash-pinned frontier model configurations in the frozen twelve-benchmark battery, the full sample. The paper also reports a 103-model economically dense subset. ΔMSE 0.037 incremental predictionIn the leave-one-benchmark-out test, a multi-factor model improves prediction of held-out economic scores over a single general index by a pooled 0.037 in MSE, bootstrap 95% interval [0.019, 0.055]. Modest but reliable.