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Machine learning algorithms are routinely used for business decisions that may directly affect individuals, for example, because a credit scoring algorithm refuses them a loan. It is then relevant from an ethical (and legal) point of view…

Machine Learning · Statistics 2025-10-06 Roberta Pappadà , Francesco Pauli

Large-scale behavioral datasets enable researchers to use complex machine learning algorithms to better predict human behavior, yet this increased predictive power does not always lead to a better understanding of the behavior in question.…

Computers and Society · Computer Science 2019-05-14 Mayank Agrawal , Joshua C. Peterson , Thomas L. Griffiths

Machine learning algorithms can now outperform classic economic models in predicting quantities ranging from bargaining outcomes, to choice under uncertainty, to an individual's future jobs and wages. Yet this predictive accuracy comes at a…

Theoretical Economics · Economics 2025-08-27 Annie Liang

Machine learning algorithms are now frequently used in sensitive contexts that substantially affect the course of human lives, such as credit lending or criminal justice. This is driven by the idea that `objective' machines base their…

Machine Learning · Computer Science 2019-01-17 Songül Tolan

Algorithms learned from data are increasingly used for deciding many aspects in our life: from movies we see, to prices we pay, or medicine we get. Yet there is growing evidence that decision making by inappropriately trained algorithms may…

Artificial Intelligence · Computer Science 2017-08-03 Indre Zliobaite

Assessments of algorithmic bias in large language models (LLMs) are generally catered to uncovering systemic discrimination based on protected characteristics such as sex and ethnicity. However, there are over 180 documented cognitive…

Human-Computer Interaction · Computer Science 2023-08-30 Alaina N. Talboy , Elizabeth Fuller

This paper argues that Machine Learning (ML) algorithms must be educated. ML-trained algorithms moral decisions are ubiquitous in human society. Sometimes reverting the societal advances governments, NGOs and civil society have achieved…

Machine Learning · Computer Science 2023-05-23 Susana Perez Blazquez , Inas Hipolito

Machine behavior that is based on learning algorithms can be significantly influenced by the exposure to data of different qualities. Up to now, those qualities are solely measured in technical terms, but not in ethical ones, despite the…

Computers and Society · Computer Science 2021-09-29 Thilo Hagendorff

The application of machine learning to support the processing of large datasets holds promise in many industries, including financial services. However, practical issues for the full adoption of machine learning remain with the focus being…

Machine Learning · Computer Science 2021-05-14 Ismini Psychoula , Andreas Gutmann , Pradip Mainali , S. H. Lee , Paul Dunphy , Fabien A. P. Petitcolas

. It is typically assumed that for the successful use of machine learning algorithms, these algorithms should have a higher accuracy than a human expert. Moreover, if the average accuracy of ML algorithms is lower than that of a human…

Human-Computer Interaction · Computer Science 2024-11-19 Saveli Goldberg , Lev Salnikov , Noor Kaiser , Tushar Srivastava , Eugene Pinsky

With the increase in adoption of machine learning tools by organizations risks of unfairness abound, especially when human decision processes in outcomes of socio-economic importance such as hiring, housing, lending, and admissions are…

Computers and Society · Computer Science 2020-09-11 Lily Morse , Mike H. M. Teodorescu , Yazeed Awwad , Gerald Kane

In recent years, machine learning algorithms have become ubiquitous in a multitude of high-stakes decision-making applications. The unparalleled ability of machine learning algorithms to learn patterns from data also enables them to…

Machine Learning · Computer Science 2022-07-14 José Pombal , André F. Cruz , João Bravo , Pedro Saleiro , Mário A. T. Figueiredo , Pedro Bizarro

Data-driven algorithms play a large role in decision making across a variety of industries. Increasingly, these algorithms are being used to make decisions that have significant ramifications for people's social and economic well-being,…

Machine Learning · Computer Science 2018-09-26 J. Henry Hinnefeld , Peter Cooman , Nat Mammo , Rupert Deese

This paper stresses the importance of biases in the field of artificial intelligence (AI) in two regards. First, in order to foster efficient algorithmic decision-making in complex, unstable, and uncertain real-world environments, we argue…

Machine Learning · Computer Science 2023-02-15 Sarah Fabi , Thilo Hagendorff

Machine learning (ML) algorithms are increasingly deployed to make critical decisions in socioeconomic applications such as finance, criminal justice, and autonomous driving. However, due to their data-driven and pattern-seeking nature, ML…

Software Engineering · Computer Science 2026-01-08 Verya Monjezi , Ashish Kumar , Ashutosh Trivedi , Gang Tan , Saeid Tizpaz-Niari

Bias is known to be an impediment to fair decisions in many domains such as human resources, the public sector, health care etc. Recently, hope has been expressed that the use of machine learning methods for taking such decisions would…

Machine Learning · Computer Science 2019-09-05 Jindong Gu , Daniela Oelke

The widespread use of machine learning in credit scoring has brought significant advancements in risk assessment and decision-making. However, it has also raised concerns about potential biases, discrimination, and lack of transparency in…

Combining big data and machine learning algorithms, the power of automatic decision tools induces as much hope as fear. Many recently enacted European legislation (GDPR) and French laws attempt to regulate the use of these tools. Leaving…

Other Statistics · Statistics 2018-10-04 Philippe Besse , Celine Castets-Renard , Aurelien Garivier , Jean-Michel Loubes

Machine learning models often make predictions that bias against certain subgroups of input data. When undetected, machine learning biases can constitute significant financial and ethical implications. Semi-automated tools that involve…

Computers and Society · Computer Science 2020-03-19 Po-Ming Law , Sana Malik , Fan Du , Moumita Sinha

To reduce human error and prejudice, many high-stakes decisions have been turned over to machine algorithms. However, recent research suggests that this does not remove discrimination, and can perpetuate harmful stereotypes. While…

Computers and Society · Computer Science 2019-12-18 Yuzi He , Keith Burghardt , Kristina Lerman
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