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Since the Merge update upon which Ethereum transitioned to Proof of Stake, it has been touted that it resulted in lower power consumption and increased security. However, even if that is the case, can this state be sustained? In this paper,…
We propose a simple yet effective solution to tackle the often-competing goals of fairness and utility in classification tasks. While fairness ensures that the model's predictions are unbiased and do not discriminate against any particular…
Fairness in algorithmic decision-making processes is attracting increasing concern. When an algorithm is applied to human-related decision-making an estimator solely optimizing its predictive power can learn biases on the existing data,…
Clustering is a fundamental problem in machine learning and operations research. Therefore, given the fact that fairness considerations have become of paramount importance in algorithm design, fairness in clustering has received significant…
In the past decades, the blockchain technology has attracted tremendous attention from both academia and industry. The popularity of blockchain networks was originated from a crypto-currency to serve as a decentralized and tamperproof…
Fair predictive algorithms hinge on both equality and trust, yet inherent uncertainty in real-world data challenges our ability to make consistent, fair, and calibrated decisions. While fairly managing predictive error has been extensively…
Blockchain is a decentralized, distributed ledger technology that ensures transparency, security, and immutability through cryptographic techniques. However, advancements in quantum computing threaten the security of classical cryptographic…
We model the ultimate price paid by users of a decentralized ledger as resulting from a two-stage game where Miners (/Proposers/etc.) first purchase blockspace via a Tullock contest, and then price that space to users. When analyzing our…
We address the problem of algorithmic fairness: ensuring that sensitive variables do not unfairly influence the outcome of a classifier. We present an approach based on empirical risk minimization, which incorporates a fairness constraint…
While data-driven predictive models are a strictly technological construct, they may operate within a social context in which benign engineering choices entail implicit, indirect and unexpected real-life consequences. Fairness of such…
In today's world, we need to ensure that AI systems are fair and unbiased. Our study looked at tools designed to test the fairness of software to see if they are practical and easy for software developers to use. We found that while some…
The issue of fairness in AI arises from discriminatory practices in applications like job recommendations and risk assessments, emphasising the need for algorithms that do not discriminate based on group characteristics. This concern is…
The cryptocurrency market surpassed the barrier of \$100 billion market capitalization in June 2017, after months of steady growth. Despite its increasing relevance in the financial world, however, a comprehensive analysis of the whole…
Making fair decisions is crucial to ethically implementing machine learning algorithms in social settings. In this work, we consider the celebrated definition of counterfactual fairness [Kusner et al., NeurIPS, 2017]. We begin by showing…
There are no solid arguments to sustain that digital currencies are the future of online payments or the disruptive technology that some of its former participants declared when used to face critiques. This paper aims to solve the…
Measures of algorithmic fairness often do not account for human perceptions of fairness that can substantially vary between different sociodemographics and stakeholders. The FairCeptron framework is an approach for studying perceptions of…
Algorithmic bias mitigation has been one of the most difficult conundrums for the data science community and Machine Learning (ML) experts. Over several years, there have appeared enormous efforts in the field of fairness in ML. Despite the…
This paper investigates how the degree of group fairness changes when the degree of individual fairness is actively controlled. As a metric quantifying individual fairness, we consider generalized entropy (GE) recently introduced into…
It is interesting but difficult and challenging to study Ethereum with multiple mining pools. One of the main difficulties comes from not only how to represent such a general tree with multiple block branches (or sub-chains) related to the…
With the increasing use of AI in algorithmic decision making (e.g. based on neural networks), the question arises how bias can be excluded or mitigated. There are some promising approaches, but many of them are based on a "fair" ground…