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Related papers: Fair Odds for Noisy Probabilities

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Recent discussion in the public sphere about algorithmic classification has involved tension between competing notions of what it means for a probabilistic classification to be fair to different groups. We formalize three fairness…

Machine Learning · Computer Science 2016-11-18 Jon Kleinberg , Sendhil Mullainathan , Manish Raghavan

There has been much recent work on the revenue-raising properties of truthful mechanisms for selling goods to selfish bidders. Typically the revenue of a mechanism is compared against a benchmark (such as, the maximum revenue obtainable by…

Computer Science and Game Theory · Computer Science 2013-01-14 Paul W. Goldberg , Carmine Ventre

Societal biases that are contained in retrieved documents have received increased interest. Such biases, which are often prevalent in the training data and learned by the model, can cause societal harms, by misrepresenting certain groups,…

Information Retrieval · Computer Science 2023-09-19 Maria Heuss , Daniel Cohen , Masoud Mansoury , Maarten de Rijke , Carsten Eickhoff

We initiate the study of fairness for ordinal regression. We adapt two fairness notions previously considered in fair ranking and propose a strategy for training a predictor that is approximately fair according to either notion. Our…

We evaluate the folk wisdom that algorithmic decision rules trained on data produced by biased human decision-makers necessarily reflect this bias. We consider a setting where training labels are only generated if a biased decision-maker…

Machine Learning · Computer Science 2020-12-22 Ashesh Rambachan , Jonathan Roth

A major challenge in sparsity pattern estimation is that small modes are difficult to detect in the presence of noise. This problem is alleviated if one can observe samples from multiple realizations of the nonzero values for the same…

Information Theory · Computer Science 2011-07-29 Galen Reeves , Michael Gastpar

This paper studies the problem of finding the exact ranking from noisy comparisons. A comparison over a set of $m$ items produces a noisy outcome about the most preferred item, and reveals some information about the ranking. By repeatedly…

Machine Learning · Computer Science 2021-07-30 Wenbo Ren , Jia Liu , Ness B. Shroff

We represent preferences that exhibit absolute or relative attitudes towards ambiguity without assuming convexity of preferences. Our analysis is motivated by the recent experimental evidence by Baillon and Placido (2019) indicating that…

Theoretical Economics · Economics 2024-07-02 Francesco Fabbri , Giulio Principi , Lorenzo Stanca

Simultaneous ascending auctions present agents with the exposure problem: bidding to acquire a bundle risks the possibility of obtaining an undesired subset of the goods. Auction theory provides little guidance for dealing with this…

Computer Science and Game Theory · Computer Science 2012-07-09 Anna Osepayshvili , Michael P. Wellman , Daniel Reeves , Jeffrey K. MacKie-Mason

A prediction market is a useful means of aggregating information about a future event. To function, the market needs a trusted entity who will verify the true outcome in the end. Motivated by the recent introduction of decentralized…

Artificial Intelligence · Computer Science 2016-12-16 Rupert Freeman , Sebastien Lahaie , David M. Pennock

Sellers and executives who maintain a bidding pipeline of sales engagements with multiple clients for many opportunities significantly benefit from data-driven insight into the health of each of their bids. There are many predictive models…

Machine Learning · Computer Science 2021-09-15 Eelaaf Zahid , Yuya Jeremy Ong , Aly Megahed , Taiga Nakamura

The plausibility of uncommon events and miracles based on testimony of such an event has been much discussed. When analyzing the probabilities involved, it has mostly been assumed that the common events can be taken as data in the…

Applications · Statistics 2016-03-01 V. Palonen

We consider a pair of traders in a market where the information available to the second trader is a strict subset of the information available to the first trader. The traders make prices based on the information available concerning a…

Mathematical Finance · Quantitative Finance 2024-01-24 George Bouzianis , Lane P. Hughston , Leandro Sánchez-Betancourt

Decision making under uncertainty is a key component of many AI settings, and in particular of voting scenarios where strategic agents are trying to reach a joint decision. The common approach to handle uncertainty is by maximizing expected…

Computer Science and Game Theory · Computer Science 2018-11-15 Omer Lev , Reshef Meir , Svetlana Obraztsova , Maria Polukarov

Voting online with explicit ratings could largely reflect people's preferences and objects' qualities, but ratings are always irrational, because they may be affected by many unpredictable factors like mood, weather, as well as other…

Data Analysis, Statistics and Probability · Physics 2013-05-03 Zimo Yang , Zi-Ke Zhang , Tao Zhou

In order to build reliable and trustworthy NLP applications, models need to be both fair across different demographics and explainable. Usually these two objectives, fairness and explainability, are optimized and/or examined independently…

Computation and Language · Computer Science 2023-11-14 Stephanie Brandl , Emanuele Bugliarello , Ilias Chalkidis

Unfair predictions of machine learning (ML) models impede their broad acceptance in real-world settings. Tackling this arduous challenge first necessitates defining what it means for an ML model to be fair. This has been addressed by the ML…

Machine Learning · Computer Science 2024-08-30 Selim Kuzucu , Jiaee Cheong , Hatice Gunes , Sinan Kalkan

Information in the form of data, which can be stored and transferred between users, can be viewed as an intangible commodity, which can be traded in exchange for money. Determining the fair price at which a string of data should be traded…

Statistical Mechanics · Physics 2024-09-11 Luca Gamberi , Alessia Annibale , Pierpaolo Vivo

How should one combine noisy information from diverse sources to make an inference about an objective ground truth? This frequently recurring, normative question lies at the core of statistics, machine learning, policy-making, and everyday…

Multiagent Systems · Computer Science 2020-01-29 Silviu Pitis , Michael R. Zhang

We introduce the confident voter model, in which each voter can be in one of two opinions and can additionally have two levels of commitment to an opinion --- confident and unsure. Upon interacting with an agent of a different opinion, a…

Physics and Society · Physics 2015-03-19 D. Volovik , S. Redner