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With growing credit card transaction volumes, the fraud percentages are also rising, including overhead costs for institutions to combat and compensate victims. The use of machine learning into the financial sector permits more effective…

Machine Learning · Computer Science 2022-08-26 Gayan K. Kulatilleke , Sugandika Samarakoon

Big data and machine learning (ML) algorithms are key drivers of many fintech innovations. While it may be obvious that replacing humans with machine would increase efficiency, it is not clear whether and where machines can make better…

General Finance · Quantitative Finance 2020-08-11 Runshan Fu , Yan Huang , Param Vir Singh

In this study, we introduce a new approach to combine multi-classifiers in an ensemble system. Instead of using numeric membership values encountered in fixed combining rules, we construct interval membership values associated with each…

Machine Learning · Computer Science 2017-03-17 Tien Thanh Nguyen , Xuan Cuong Pham , Alan Wee-Chung Liew , Witold Pedrycz

Supervised learning, especially supervised deep learning, requires large amounts of labeled data. One approach to collect large amounts of labeled data is by using a crowdsourcing platform where numerous workers perform the annotation…

Machine Learning · Computer Science 2023-08-22 Kosuke Yoshimura , Hisashi Kashima

Labeling real-world datasets is time consuming but indispensable for supervised machine learning models. A common solution is to distribute the labeling task across a large number of non-expert workers via crowd-sourcing. Due to the varying…

Machine Learning · Computer Science 2020-11-16 Taraneh Younesian , Chi Hong , Amirmasoud Ghiassi , Robert Birke , Lydia Y. Chen

Decades of research suggest that information exchange in groups and organizations can reliably improve judgment accuracy in tasks such as financial forecasting, market research, and medical decision-making. However, we show that improving…

General Economics · Economics 2021-04-26 Joshua Becker , Douglas Guilbeault , Ned Smith

In a crowd forecasting system, aggregation is an algorithm that returns aggregated probabilities for each question based on the probabilities provided per question by each individual in the crowd. Various aggregation methods have been…

Applications · Statistics 2022-03-18 Yuzhong Huang , Andres Abeliuk , Fred Morstatter , Pavel Atanasov , Aram Galstyan

This paper provides both an introduction to and a detailed overview of the principles and practice of classifier calibration. A well-calibrated classifier correctly quantifies the level of uncertainty or confidence associated with its…

Machine Learning · Computer Science 2023-06-16 Telmo Silva Filho , Hao Song , Miquel Perello-Nieto , Raul Santos-Rodriguez , Meelis Kull , Peter Flach

Collaborative multi-robot perception provides multiple views of an environment, offering varying perspectives to collaboratively understand the environment even when individual robots have poor points of view or when occlusions are caused…

Robotics · Computer Science 2021-03-09 Brian Reily , Hao Zhang

We investigate the potential of fusing human examiner decisions for the task of digital face manipulation detection. To this end, various decision fusion methods are proposed incorporating the examiners' decision confidence, experience…

Computer Vision and Pattern Recognition · Computer Science 2022-02-01 Christian Rathgeb , Robert Nichols , Mathias Ibsen , Pawel Drozdowski , Christoph Busch

Accuracy is the most important parameter among few others which defines the effectiveness of a machine learning algorithm. Higher accuracy is always desirable. Now, there is a vast number of well established learning algorithms already…

Machine Learning · Computer Science 2019-08-22 Sayantan Sengupta , Sudip Sanyal

We propose a scalable Bayesian preference learning method for jointly predicting the preferences of individuals as well as the consensus of a crowd from pairwise labels. Peoples' opinions often differ greatly, making it difficult to predict…

Machine Learning · Computer Science 2019-12-13 Edwin Simpson , Iryna Gurevych

The automated categorization (or classification) of texts into predefined categories has witnessed a booming interest in the last ten years, due to the increased availability of documents in digital form and the ensuing need to organize…

Information Retrieval · Computer Science 2021-09-21 Fabrizio Sebastiani

Large language models (LLMs) can surpass humans in certain forecasting tasks. What role does this leave for humans in the overall decision process? One possibility is that humans, despite performing worse than LLMs, can still add value when…

Human-Computer Interaction · Computer Science 2025-10-13 Felipe Yáñez , Xiaoliang Luo , Omar Valerio Minero , Bradley C. Love

Perspective distortions and crowd variations make crowd counting a challenging task in computer vision. To tackle it, many previous works have used multi-scale architecture in deep neural networks (DNNs). Multi-scale branches can be either…

Computer Vision and Pattern Recognition · Computer Science 2023-07-19 Zhipeng Du , Miaojing Shi , Jiankang Deng , Stefanos Zafeiriou

Data fusion has played an important role in data mining because high-quality data is required in a lot of applications. As on-line data may be out-of-date and errors in the data may propagate with copying and referring between sources, it…

Databases · Computer Science 2017-02-03 Yunfan Chen , Lei Chen , Chen Jason Zhang

Crowd counting problem aims to count the number of objects within an image or a frame in the videos and is usually solved by estimating the density map generated from the object location annotations. The values in the density map, by…

Computer Vision and Pattern Recognition · Computer Science 2019-06-21 Shengqin Jiang , Xiaobo Lu , Yinjie Lei , Lingqiao Liu

The multiple knapsack problem with grouped items aims to maximize rewards by assigning groups of items among multiple knapsacks, considering knapsack capacities. Either all items in a group are assigned or none at all. We propose algorithms…

Data Structures and Algorithms · Computer Science 2020-06-02 Francisco Castillo-Zunino , Pinar Keskinocak

Classifier calibration does not always go hand in hand with the classifier's ability to separate the classes. There are applications where good classifier calibration, i.e. the ability to produce accurate probability estimates, is more…

Machine Learning · Computer Science 2020-05-26 Tuomo Alasalmi , Jaakko Suutala , Heli Koskimäki , Juha Röning

Classification tasks in machine learning involving more than two classes are known by the name of "multi-class classification". Performance indicators are very useful when the aim is to evaluate and compare different classification models…

Machine Learning · Statistics 2020-08-14 Margherita Grandini , Enrico Bagli , Giorgio Visani