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We develop a new classification framework based on the theory of coherent risk measures and systemic risk. The proposed approach is suitable for multi-class problems when the data is noisy, scarce (relative to the dimension of the problem),…

Machine Learning · Statistics 2026-05-29 Darinka Dentcheva , Xiangyu Tian

A large amount of research effort has been dedicated to adapting boosting for imbalanced classification. However, boosting methods are yet to be satisfactorily immune to class imbalance, especially for multi-class problems. This is because…

Computer Vision and Pattern Recognition · Computer Science 2024-10-30 Shounak Datta , Sayak Nag , Swagatam Das

In this paper, we study how class imbalance, typical of low-default credit portfolios, affects the performance of logistic regression models. Using a simulation study with controlled data-generating mechanisms, we vary (i) the level of…

Risk Management · Quantitative Finance 2026-02-24 Willem D. Schutte , Charl Pretorius , Neill Smit , Leandra van der Merwe , Robert Maxwell

Random Forest is a machine learning method that offers many advantages, including the ability to easily measure variable importance. Class balancing technique is a well-known solution to deal with class imbalance problem. However, it has…

Machine Learning · Statistics 2023-12-19 Yunbi Nam , Sunwoo Han

We present the conditional value-at-risk (CVaR) in the context of Markov chains and Markov decision processes with reachability and mean-payoff objectives. CVaR quantifies risk by means of the expectation of the worst p-quantile. As such it…

Logic in Computer Science · Computer Science 2018-05-09 Jan Křetínský , Tobias Meggendorfer

Complementary-Label Learning (CLL) is a weakly-supervised learning problem that aims to learn a multi-class classifier from only complementary labels, which indicate a class to which an instance does not belong. Existing approaches mainly…

Machine Learning · Computer Science 2023-04-12 Wei-I Lin , Hsuan-Tien Lin

Binary classification rules based on covariates typically depend on simple loss functions such as zero-one misclassification. Some cases may require more complex loss functions. For example, individual-level monitoring of HIV-infected…

Machine Learning · Statistics 2019-05-14 Yizhen Xu , Tao Liu , Michael J. Daniels , Rami Kantor , Ann Mwangi , Joseph W. Hogan

Multi-level sentence simplification generates simplified sentences with varying language proficiency levels. We propose Label Confidence Weighted Learning (LCWL), a novel approach that incorporates a label confidence weighting scheme in the…

Computation and Language · Computer Science 2024-10-10 Xinying Qiu , Jingshen Zhang

While the estimation of risk is an important question in the daily business of banking and insurance, many existing plug-in estimation procedures suffer from an unnecessary bias. This often leads to the underestimation of risk and…

Risk Management · Quantitative Finance 2022-01-28 Marcin Pitera , Thorsten Schmidt

Many modern machine learning tasks require models with high tail performance, i.e. high performance over the worst-off samples in the dataset. This problem has been widely studied in fields such as algorithmic fairness, class imbalance, and…

Machine Learning · Computer Science 2021-11-11 Runtian Zhai , Chen Dan , Arun Sai Suggala , Zico Kolter , Pradeep Ravikumar

A common issue for classification in scientific research and industry is the existence of imbalanced classes. When sample sizes of different classes are imbalanced in training data, naively implementing a classification method often leads…

Methodology · Statistics 2021-07-02 Yang Feng , Min Zhou , Xin Tong

Real-world data often exhibits long-tailed distributions with heavy class imbalance, posing great challenges for deep recognition models. We identify a persisting dilemma on the value of labels in the context of imbalanced learning: on the…

Machine Learning · Computer Science 2020-09-29 Yuzhe Yang , Zhi Xu

Positive-unlabeled learning (PU learning) is known as a special case of semi-supervised binary classification where only a fraction of positive examples are labeled. The challenge is then to find the correct classifier despite this lack of…

Statistics Theory · Mathematics 2022-01-19 Olivier Coudray , Christine Keribin , Pascal Massart , Patrick Pamphile

We propose a new method of learning from positive and unlabeled (PU) examples in highly imbalanced datasets. Many real-world problems, such as disease gene identification, targeted marketing, fraud detection, and recommender systems, are…

Machine Learning · Computer Science 2026-05-15 Elias Zavitsanos , Georgios Paliouras

A standard approach in pattern classification is to estimate the distributions of the label classes, and then to apply the Bayes classifier to the estimates of the distributions in order to classify unlabeled examples. As one might expect,…

Machine Learning · Computer Science 2007-05-23 Nick Palmer , Paul W. Goldberg

We study binary classification in the setting where the learner is presented with multiple corrupted training samples, with possibly different sample sizes and degrees of corruption, and introduce an approach based on minimizing a weighted…

Machine Learning · Statistics 2019-10-11 Clayton Scott , Jianxin Zhang

We propose a sigmoidal approximation for the value-at-risk (that we call SigVaR) and we use this approximation to tackle nonlinear programs (NLPs) with chance constraints. We prove that the approximation is conservative and that the level…

Optimization and Control · Mathematics 2020-04-07 Yankai Cao , Victor M. Zavala

A much studied issue is the extent to which the confidence scores provided by machine learning algorithms are calibrated to ground truth probabilities. Our starting point is that calibration is seemingly incompatible with class weighting, a…

Machine Learning · Computer Science 2022-08-02 Andrew Caplin , Daniel Martin , Philip Marx

Multi-task learning (MTL) considers learning a joint model for multiple tasks by optimizing a convex combination of all task losses. To solve the optimization problem, existing methods use an adaptive weight updating scheme, where task…

Machine Learning · Computer Science 2024-07-22 Yifei He , Shiji Zhou , Guojun Zhang , Hyokun Yun , Yi Xu , Belinda Zeng , Trishul Chilimbi , Han Zhao

We study risk-sensitive Reinforcement Learning (RL), where we aim to maximize the Conditional Value at Risk (CVaR) with a fixed risk tolerance $\tau$. Prior theoretical work studying risk-sensitive RL focuses on the tabular Markov Decision…

Machine Learning · Computer Science 2023-11-21 Yulai Zhao , Wenhao Zhan , Xiaoyan Hu , Ho-fung Leung , Farzan Farnia , Wen Sun , Jason D. Lee
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