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Conformal Prediction methods have finite-sample distribution-free marginal coverage guarantees. However, they generally do not offer conditional coverage guarantees, which can be important for high-stakes decisions. In this paper, we…

Machine Learning · Statistics 2024-09-27 Ruijiang Gao , Mingzhang Yin , James McInerney , Nathan Kallus

We consider forecast comparison in the presence of instability when this affects only a short period of time. We demonstrate that global tests do not perform well in this case, as they were not designed to capture very short-lived…

Econometrics · Economics 2024-05-21 Fabrizio Iacone , Luca Rossini , Andrea Viselli

We introduce a new approach for comparing the predictive accuracy of two nested models that bypasses the difficulties caused by the degeneracy of the asymptotic variance of forecast error loss differentials used in the construction of…

Econometrics · Economics 2023-10-17 Jean-Yves Pitarakis

In a world blessed with a great diversity of loss functions, we argue that that choice between them is not a matter of taste or pragmatics, but of model. Probabilistic depencency graphs (PDGs) are probabilistic models that come equipped…

Machine Learning · Computer Science 2022-02-25 Oliver E Richardson

Prediction problems often admit competing models that perform almost equally well. This effect challenges key assumptions in machine learning when competing models assign conflicting predictions. In this paper, we define predictive…

Machine Learning · Computer Science 2020-09-17 Charles T. Marx , Flavio du Pin Calmon , Berk Ustun

Functional data analysis is a fast evolving branch of statistics. Estimation procedures for the popular functional linear model either suffer from lack of robustness or are computationally burdensome. To address these shortcomings, a…

Methodology · Statistics 2021-08-27 Ioannis Kalogridis , Stefan Van Aelst

Proper quantification of predictive uncertainty is essential for the use of machine learning in safety-critical applications. Various uncertainty measures have been proposed for this purpose, typically claiming superiority over other…

Machine Learning · Computer Science 2025-12-16 Paul Hofman , Yusuf Sale , Eyke Hüllermeier

The study of a machine learning problem is in many ways is difficult to separate from the study of the loss function being used. One avenue of inquiry has been to look at these loss functions in terms of their properties as scoring rules…

Machine Learning · Computer Science 2022-09-02 Zac Cranko , Robert C. Williamson , Richard Nock

In this paper a new family of minimum divergence estimators based on the Bregman divergence is proposed, where the defining convex function has an exponential nature. These estimators avoid the necessity of using an intermediate kernel…

Methodology · Statistics 2019-11-25 Taranga Mukherjee , Abhijit Mandal , Ayanendranath Basu

Neural networks achieve outstanding accuracy in classification and regression tasks. However, understanding their behavior still remains an open challenge that requires questions to be addressed on the robustness, explainability and…

Machine Learning · Computer Science 2021-05-13 Anna-Kathrin Kopetzki , Stephan Günnemann

We study reinforcement learning under model misspecification, where we do not have access to the true environment but only to a reasonably close approximation to it. We address this problem by extending the framework of robust MDPs to the…

Machine Learning · Computer Science 2017-11-10 Aurko Roy , Huan Xu , Sebastian Pokutta

The predictive quality of machine learning models is typically measured in terms of their (approximate) expected prediction accuracy or the so-called Area Under the Curve (AUC). Minimizing the reciprocals of these measures are the goals of…

Machine Learning · Statistics 2019-03-04 Hiva Ghanbari , Minhan Li , Katya Scheinberg

Most machine learning models operate under the assumption that the training, testing and deployment data is independent and identically distributed (i.i.d.). This assumption doesn't generally hold true in a natural setting. Usually, the…

Machine Learning · Computer Science 2021-12-14 Kumud Lakara , Akshat Bhandari , Pratinav Seth , Ujjwal Verma

He et al. (2018) have called into question the utility of pre-training by showing that training from scratch can often yield similar performance to pre-training. We show that although pre-training may not improve performance on traditional…

Machine Learning · Computer Science 2019-10-22 Dan Hendrycks , Kimin Lee , Mantas Mazeika

Robustness is often regarded as a critical future challenge for real-world applications, where stability is essential. However, as models often learn tasks in a similar order, we hypothesize that easier tasks will be easier regardless of…

Machine Learning · Computer Science 2026-02-04 Shir Ashury-Tahan , Ariel Gera , Elron Bandel , Michal Shmueli-Scheuer , Leshem Choshen

Neural networks are an indispensable model class for many complex learning tasks. Despite the popularity and importance of neural networks and many different established techniques from literature for stabilization and robustification of…

Machine Learning · Statistics 2022-11-21 Tino Werner

We demonstrate that the forecasting combination puzzle is a consequence of the methodology commonly used to produce forecast combinations. By the combination puzzle, we refer to the empirical finding that predictions formed by combining…

Econometrics · Economics 2023-08-11 David T. Frazier , Ryan Covey , Gael M. Martin , Donald Poskitt

This paper investigates the impact of the loss function in value-based methods for reinforcement learning through an analysis of underlying prediction objectives. We theoretically show that mean absolute error is a better prediction…

Machine Learning · Computer Science 2025-11-11 Alex Ayoub , David Szepesvári , Alireza Bakhtiari , Csaba Szepesvári , Dale Schuurmans

Reliably estimating the uncertainty of a prediction throughout the model lifecycle is crucial in many safety-critical applications. The most common way to measure this uncertainty is via the predicted confidence. While this tends to work…

Machine Learning · Computer Science 2023-04-24 Sebastian G. Gruber , Florian Buettner

Should prediction models always deliver a prediction? In the pursuit of maximum predictive performance, critical considerations of reliability and fairness are often overshadowed, particularly when it comes to the role of uncertainty.…

Machine Learning · Computer Science 2024-10-29 Anna Sokol , Nuno Moniz , Nitesh Chawla