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This paper explores the journey of AI in finance, with a particular focus on the crucial role and potential of Explainable AI (XAI). We trace AI's evolution from early statistical methods to sophisticated machine learning, highlighting…

Statistical Finance · Quantitative Finance 2023-06-06 Barry Quinn

Explainable AI is an emerging field providing solutions for acquiring insights into automated systems' rationale. It has been put on the AI map by suggesting ways to tackle key ethical and societal issues. Existing explanation techniques…

Machine Learning · Computer Science 2022-05-02 Ioannis Mollas , Nick Bassiliades , Grigorios Tsoumakas

With the growing pervasiveness of artificial intelligence, the ability to explain the inferences made by machine learning models has become increasingly important. Numerous techniques for model explainability have been proposed, with…

Human-Computer Interaction · Computer Science 2026-04-08 Nicola Rossberg , Bennett Kleinberg , Barry O'Sullivan , Luca Longo , Andrea Visentin

The presence of artificial intelligence (AI) in our society is increasing, which brings with it the need to understand the behavior of AI mechanisms, including machine learning predictive algorithms fed with tabular data, text or images,…

Machine Learning · Statistics 2025-06-06 Pedro Delicado , Cristian Pachón-García

We propose Group Shapley, a metric that extends the classical individual-level Shapley value framework to evaluate the importance of feature groups, addressing the structured nature of predictors commonly found in business and economic…

Machine Learning · Statistics 2025-01-07 Jingyi Wang , Ying Chen , Paolo Giudici

Artificial Intelligence (AI) models have reached a very significant level of accuracy. While their superior performance offers considerable benefits, their inherent complexity often decreases human trust, which slows their application in…

Machine Learning · Computer Science 2025-04-25 Pierre-Daniel Arsenault , Shengrui Wang , Jean-Marc Patenande

AutoClustering methods aim to automate unsupervised learning tasks, including algorithm selection (AS), hyperparameter optimization (HPO), and pipeline synthesis (PS), by often leveraging meta-learning over dataset meta-features. While…

Machine Learning · Computer Science 2026-02-23 Matheus Camilo da Silva , Leonardo Arrighi , Ana Carolina Lorena , Sylvio Barbon Junior

To reduce the heavy computational burden of reactive power optimization of distribution networks, machine learning models are receiving increasing attention. However, most machine learning models (e.g., neural networks) are usually…

Systems and Control · Electrical Eng. & Systems 2023-11-08 Wenlong Liao , Benjamin Schäfer , Dalin Qin , Gonghao Zhang , Zhixian Wang , Zhe Yang

Contemporary chess engines offer precise yet opaque evaluations, typically expressed as centipawn scores. While effective for decision-making, these outputs obscure the underlying contributions of individual pieces or patterns. In this…

Artificial Intelligence · Computer Science 2025-10-31 Francesco Spinnato

Explainable Artificial Intelligence is a concept aimed at making complex algorithms transparent to users through a uniform solution. Researchers have highlighted the importance of integrating domain specific contexts to develop explanations…

Artificial Intelligence · Computer Science 2023-11-23 Dean-Robin Kern , Gunnar Stevens , Erik Dethier , Sidra Naveed , Fatemeh Alizadeh , Delong Du , Md Shajalal

Large Language Models such as GPTs (Generative Pre-trained Transformers) exhibit remarkable capabilities across a broad spectrum of applications. Nevertheless, due to their intrinsic complexity, these models present substantial challenges…

Machine Learning · Computer Science 2024-10-17 Ashkan Golgoon , Khashayar Filom , Arjun Ravi Kannan

With the wide adoption of machine learning techniques, requirements have evolved beyond sheer high performance, often requiring models to be trustworthy. A common approach to increase the trustworthiness of such systems is to allow them to…

Machine Learning · Computer Science 2023-11-16 Andrea Pugnana , Carlos Mougan , Dan Saattrup Nielsen

Understanding the factors that shape students' mathematics performance is vital for designing effective educational policies. This study applies explainable artificial intelligence (XAI) techniques to PISA 2018 data to predict math…

Artificial Intelligence · Computer Science 2025-08-26 Liu Liu , Rui Dai

As the decisions made or influenced by machine learning models increasingly impact our lives, it is crucial to detect, understand, and mitigate unfairness. But even simply determining what "unfairness" should mean in a given context is…

Machine Learning · Computer Science 2020-10-16 Tom Begley , Tobias Schwedes , Christopher Frye , Ilya Feige

The need for interpretable and accountable intelligent systems grows along with the prevalence of artificial intelligence applications used in everyday life. Explainable intelligent systems are designed to self-explain the reasoning behind…

Human-Computer Interaction · Computer Science 2020-08-06 Sina Mohseni , Niloofar Zarei , Eric D. Ragan

In the context of human-in-the-loop Machine Learning applications, like Decision Support Systems, interpretability approaches should provide actionable insights without making the users wait. In this paper, we propose Accelerated…

Machine Learning · Computer Science 2021-12-24 David Dandolo , Chiara Masiero , Mattia Carletti , Davide Dalle Pezze , Gian Antonio Susto

Traditional machine learning (ML) algorithms, such as multiple regression, require human analysts to make decisions on how to treat the data. These decisions can make the model building process subjective and difficult to replicate for…

Machine Learning · Computer Science 2022-01-31 William Franz Lamberti

With the adoption of machine learning into routine clinical practice comes the need for Explainable AI methods tailored to medical applications. Shapley values have sparked wide interest for locally explaining models. Here, we demonstrate…

Machine Learning · Computer Science 2024-02-02 Lucile Ter-Minassian , Sahra Ghalebikesabi , Karla Diaz-Ordaz , Chris Holmes

In the realm of human activity recognition (HAR), the integration of explainable Artificial Intelligence (XAI) emerges as a critical necessity to elucidate the decision-making processes of complex models, fostering transparency and trust.…

Artificial Intelligence · Computer Science 2024-08-22 Yiran Huang , Yexu Zhou , Haibin Zhao , Till Riedel , Michael Beigl

Shapley Values are concepts established for eXplainable AI. They are used to explain black-box predictive models by quantifying the features' contributions to the model's outcomes. Since computing the exact Shapley Values is known to be…

Machine Learning · Computer Science 2024-07-24 Davide Napolitano , Luca Cagliero