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Related papers: Fairness in society

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Social and economic inequality is a plague of the XXI Century. It is continuously widening, as the wealth of a relatively small group increases and, therefore, the rest of the world shares a shrinking fraction of resources. This situation…

General Finance · Quantitative Finance 2021-02-03 José Roberto Iglesias , Ben-Hur Francisco Cardoso , Sebastián Gonçalves

A simple generative model of a foraging society generates significant wealth inequalities from identical agents on an equal opportunity landscape. These inequalities arise in both equilibrium and non-equilibrium regimes with some societies…

Physics and Society · Physics 2021-11-01 John C. Stevenson

A dynamical model is introduced for the formation of a bullish or bearish trends driving an asset price in a given market. Initially, each agent decides to buy or sell according to its personal opinion, which results from the combination of…

Physics and Society · Physics 2011-06-09 Serge Galam

A dynamic model of the social relations between workers and capitalists is introduced. The model is deduced from the assumption that the law of value is an organising principle of modern economies. The model self-organises into a dynamic…

Condensed Matter · Physics 2011-03-24 Ian Wright

How cooperation evolves and particularly maintains at a large scale remains an open problem for improving humanity across domains ranging from climate change to pandemic response. To shed light on how behavioral norms can resolve the social…

Physics and Society · Physics 2024-01-25 Brian Mintz , Feng Fu

This study simulates the evolution of artificial economies in order to understand the tax relevance of administrative boundaries in the quality of life of its citizens. The modeling involves the construction of a computational algorithm,…

Multiagent Systems · Computer Science 2016-10-10 Bernardo Alves Furtado , Isaque Daniel Rocha Eberhardt

Modern NLP systems exhibit a range of biases, which a growing literature on model debiasing attempts to correct. However current progress is hampered by a plurality of definitions of bias, means of quantification, and oftentimes vague…

Computation and Language · Computer Science 2023-02-14 Xudong Han , Timothy Baldwin , Trevor Cohn

Decision support systems (e.g., for ecological conservation) and autonomous systems (e.g., adaptive controllers in smart cities) start to be deployed in real applications. Although their operations often impact many users or stakeholders,…

Machine Learning · Computer Science 2019-07-25 Paul Weng

An important issue within the present economic crisis is understanding the dynamics of the public debt of a given country, and how the behavior of average consumers and tax payers in that country affects it. Starting from a model of the…

Economics · Quantitative Finance 2017-06-28 Roberto De Luca , Marco Di Mauro , Angelo Falzarano , Adele Naddeo

Recent studies have found evidence of a negative association between economic complexity and inequality at the country level. Moreover, evidence suggests that sophisticated economies tend to outsource products that are less desirable (e.g.…

General Economics · Economics 2022-06-08 Dominik Hartmann , Flavio L. Pinheiro

We introduced a decision-making model based on value functions that included individualistic utility function and socio-constructivistic norm function and proposed a norm-fostering process that recursively updates norm function through…

Algorithmic fairness in the context of personalized recommendation presents significantly different challenges to those commonly encountered in classification tasks. Researchers studying classification have generally considered fairness to…

Artificial Intelligence · Computer Science 2024-02-28 Amanda Aird , Paresha Farastu , Joshua Sun , Elena Štefancová , Cassidy All , Amy Voida , Nicholas Mattei , Robin Burke

With the introduction of machine learning in high-stakes decision making, ensuring algorithmic fairness has become an increasingly important problem to solve. In response to this, many mathematical definitions of fairness have been…

Machine Learning · Computer Science 2024-06-04 Edward Small , Wei Shao , Zeliang Zhang , Peihan Liu , Jeffrey Chan , Kacper Sokol , Flora Salim

In many two-sided markets, the parties to be matched have incomplete information about their characteristics. We consider the settings where the parties engaged are extremely patient and are interested in long-term partnerships. Hence, once…

Computer Science and Game Theory · Computer Science 2019-08-30 Kartik Ahuja , Mihaela van der Schaar

As the diversity of people in higher education grows, Universities are struggling to provide inclusive environments that nurture the spirit of free inquiry in the presence of these differences. At the extreme, the value of diversity is…

Physics and Society · Physics 2019-12-16 Kathryn V Johnston

Understanding the statistical dynamics of growth and inequality is a fundamental challenge to ecology and society. Recent analyses of wealth and income dynamics in contemporary societies show that economic inequality is very dynamic and…

Physics and Society · Physics 2022-10-19 Jordan T. Kemp , Luis M. A. Bettencourt

In contemporary society, the effective utilization of public resources remains a subject of significant concern. A common issue arises from defectors seeking to obtain an excessive share of these resources for personal gain, potentially…

Dynamical Systems · Mathematics 2024-04-02 Lichen Wang , Yuyuan Liu , Ruqiang Guo , Liang Zhang , Linjie Liu , Shijia Hua

We have used agent-based modeling as our numerical method to artificially simulate a dynamic real economy where agents are rational maximizers of an objective function of Cobb-Douglas type. The economy is characterised by heterogeneous…

Theoretical Economics · Economics 2024-01-17 Subhamon Supantha , Naresh Kumar Sharma

Systematic discriminatory biases present in our society influence the way data is collected and stored, the way variables are defined, and the way scientific findings are put into practice as policy. Automated decision procedures and…

Machine Learning · Computer Science 2019-05-29 Razieh Nabi , Daniel Malinsky , Ilya Shpitser

Data-driven predictive models are increasingly used in education to support students, instructors, and administrators. However, there are concerns about the fairness of the predictions and uses of these algorithmic systems. In this…

Computers and Society · Computer Science 2021-04-13 René F. Kizilcec , Hansol Lee
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