Related papers: Bounded Temporal Fairness for FIFO Financial Marke…
We consider a discrete-time financial market model with finite time horizon and give conditions which guarantee the existence of an optimal strategy for the problem of maximizing expected terminal utility. Equivalent martingale measures are…
Ensuring fairness in transaction fraud detection models is vital due to the potential harms and legal implications of biased decision-making. Despite extensive research on algorithmic fairness, there is a notable gap in the study of bias in…
We study fair allocation of indivisible chores to agents under budget constraints, where each chore has an objective size and disutility. This model captures scenarios where a set of chores need to be divided among agents with limited time,…
Mechanism design in resource allocation studies dividing limited resources among self-interested agents whose satisfaction with the allocation depends on privately held utilities. We consider the problem in a payment-free setting, with the…
While the accuracy-fairness trade-off has been frequently observed in the literature of fair machine learning, rigorous theoretical analyses have been scarce. To demystify this long-standing challenge, this work seeks to develop a…
Explicit and implicit bias clouds human judgement, leading to discriminatory treatment of minority groups. A fundamental goal of algorithmic fairness is to avoid the pitfalls in human judgement by learning policies that improve the overall…
Fairness in Federated Learning (FL) is emerging as a critical factor driven by heterogeneous clients' constraints and balanced model performance across various scenarios. In this survey, we delineate a comprehensive classification of the…
The theory of two-sided matching has been extensively developed and applied to many real-life application domains. As the theory has been applied to increasingly diverse types of environments, researchers and practitioners have encountered…
We study fair allocation of indivisible items, where the items are furnished with a set of conflicts, and agents are not permitted to receive conflicting items. This kind of constraint captures, for example, participating in events that…
We study the fundamental problem of allocating indivisible goods to agents with additive preferences. We consider eliciting from each agent only a ranking of her $k$ most preferred goods instead of her full cardinal valuations. We…
The modelling of financial markets presents a problem which is both theoretically challenging and practically important. The theoretical aspects concern the issue of market efficiency which may even have political implications…
We consider the problem of reaching a propositional goal condition in fully-observable non-deterministic (FOND) planning under a general class of fairness assumptions that are given explicitly. The fairness assumptions are of the form A/B…
Recent research found that fairness plays a key role in customer satisfaction. Therefore, many manufacturing and services industries have become aware of the need to treat customers fairly. Still, there is a huge lack of models that enable…
Liberalized electricity markets often include resource adequacy mechanisms that require consumers to contract with generation resources well in advance of real-time operations. While administratively defined mechanisms have most commonly…
We study the problem of fairly allocating indivisible goods among agents which are equipped with {\em leveled} valuation functions. Such preferences, that have been studied before in economics and fair division literature, capture a simple…
In this paper, we consider the problem of fair division of indivisible goods when the allocation of goods impacts society. Specifically, we introduce a second valuation function for each agent, determining the social impact of allocating a…
Interference alignment allows multiple users to share the same frequency and time resource in a wireless communications system. At present, two performance bounds, in terms of degree of freedom, have been proposed. One is for…
We investigate whether the fee income from trades on the CFM is sufficient for the liquidity providers to hedge away the exposure to market risk. We first analyse this problem through the lens of continuous-time financial mathematics and…
Algorithmic fairness has emerged as an important consideration when using machine learning to make high-stakes societal decisions. Yet, improved fairness often comes at the expense of model accuracy. While aspects of the fairness-accuracy…
We initiate the study of multi-layered cake cutting with the goal of fairly allocating multiple divisible resources (layers of a cake) among a set of agents. The key requirement is that each agent can only utilize a single resource at each…