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As financial institutions increasingly rely on machine learning models to automate lending decisions, concerns about algorithmic fairness have risen. This paper explores the tradeoff between enforcing fairness constraints (such as…

Computers and Society · Computer Science 2025-06-05 Aayam Bansal

There are several scoring rules that one can choose from in order to score probabilistic forecasting models or estimate model parameters. Whilst it is generally agreed that proper scoring rules are preferable, there is no clear criterion…

Statistics Theory · Mathematics 2012-07-25 Reason Lesego Machete

We study the interplay of fairness, welfare, and equity considerations in personalized pricing based on customer features. Sellers are increasingly able to conduct price personalization based on predictive modeling of demand conditional on…

Machine Learning · Computer Science 2020-12-29 Nathan Kallus , Angela Zhou

This paper maps out the relation between different approaches for handling preferences in argumentation with strict rules and defeasible assumptions by offering translations between them. The systems we compare are: non-prioritized defeats…

Artificial Intelligence · Computer Science 2017-10-02 Jesse Heyninck , Christian Straßer , Pere Pardo

The evaluation of probabilistic forecasts plays a central role both in the interpretation and in the use of forecast systems and their development. Probabilistic scores (scoring rules) provide statistical measures to assess the quality of…

Methodology · Statistics 2020-12-24 Hailiang Du

We study the problem of allocating indivisible goods among agents with additive valuation functions to achieve both fairness and efficiency under the constraint that each agent receives exactly the same number of goods (the \emph{balanced…

Computer Science and Game Theory · Computer Science 2026-03-09 Yasushi Kawase , Ryoga Mahara

We study the problem of assigning indivisible objects to agents where each is to receive at most one. To ensure fairness in the absence of monetary compensation, we consider random assignments. Random Priority, also known as Random Serial…

Theoretical Economics · Economics 2025-06-24 Christian Basteck

We propose a simple yet effective solution to tackle the often-competing goals of fairness and utility in classification tasks. While fairness ensures that the model's predictions are unbiased and do not discriminate against any particular…

Machine Learning · Computer Science 2023-08-16 Anique Tahir , Lu Cheng , Huan Liu

In Machine Learning, an accepted definition of fairness of a decision taken by a classifier is that it should not depend on protected features, such as gender. Unfortunately, when constraints exist between features, such dependencies can be…

Machine Learning · Computer Science 2026-05-04 Martin C. Cooper , Imane Bousdira

We present a new model of collective decision making that captures important crowd-funding and donor coordination scenarios. In the setting, there is a set of projects (each with its own cost) and a set of agents (that have their budgets as…

Computer Science and Game Theory · Computer Science 2021-01-29 Haris Aziz , Aditya Ganguly

Probability forecasts for binary events play a central role in many applications. Their quality is commonly assessed with proper scoring rules, which assign forecasts a numerical score such that a correct forecast achieves a minimal…

Methodology · Statistics 2022-07-04 Alexander Henzi , Johanna F. Ziegel

We propose a notion of fairness for allocation problems in which different agents may have different reservation utilities, stemming from different outside options, or property rights. Fairness is usually understood as the absence of envy,…

Theoretical Economics · Economics 2020-05-12 Federico Echenique , Antonio Miralles , Jun Zhang

With the growing adoption of machine learning (ML) systems in areas like law enforcement, criminal justice, finance, hiring, and admissions, it is increasingly critical to guarantee the fairness of decisions assisted by ML. In this paper,…

Machine Learning · Computer Science 2024-05-17 Meiyu Zhong , Ravi Tandon

We study a portioning setting in which a public resource such as time or money is to be divided among a given set of candidates, and each agent proposes a division of the resource. We consider two families of aggregation rules for this…

Computer Science and Game Theory · Computer Science 2026-01-27 Edith Elkind , Matthias Greger , Patrick Lederer , Warut Suksompong , Nicholas Teh

We provide conditions for the stochastic dominance comparisons of a risk $X$ and an associated risk $X+Z$, where $Z$ represents the uncertainty due to the environment and where $X$ and $Z$ can be dependent. The comparisons depend on both…

Statistics Theory · Mathematics 2025-03-10 Jorge Navarro , José M. Zapata

We study the problem of online dynamic pricing with two types of fairness constraints: a "procedural fairness" which requires the proposed prices to be equal in expectation among different groups, and a "substantive fairness" which requires…

Machine Learning · Computer Science 2022-09-27 Jianyu Xu , Dan Qiao , Yu-Xiang Wang

The paper considers multivariate discrete random sums with equal number of summands. Such distributions describe the total claim amount received by a company in a fixed time point. In Queuing theory they characterize cumulative waiting…

Probability · Mathematics 2016-12-12 Pavlina Jordanova

Proper scoring rules elicit truth-telling when making predictions, or otherwise revealing information. However, when multiple predictions are made of the same event, telling the truth is in general no longer optimal, as agents are motivated…

Computer Science and Game Theory · Computer Science 2017-07-04 Amir Ban

Indirect discrimination is an issue of major concern in algorithmic models. This is particularly the case in insurance pricing where protected policyholder characteristics are not allowed to be used for insurance pricing. Simply…

Machine Learning · Computer Science 2022-09-05 Mathias Lindholm , Ronald Richman , Andreas Tsanakas , Mario V. Wüthrich

In this paper, we study the effect of preferences in abstract argumentation under a claim-centric perspective. Recent work has revealed that semantical and computational properties can change when reasoning is performed on claim-level…

Artificial Intelligence · Computer Science 2022-04-29 Michael Bernreiter , Wolfgang Dvorak , Anna Rapberger , Stefan Woltran