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Predictive models are increasingly used to make various consequential decisions in high-stakes domains such as healthcare, finance, and policy. It becomes critical to ensure that these models make accurate predictions, are robust to shifts…

Machine Learning · Computer Science 2022-09-22 Murtuza N Shergadwala , Himabindu Lakkaraju , Krishnaram Kenthapadi

Many risk-sensitive applications require Machine Learning (ML) models to be interpretable. Attempts to obtain interpretable models typically rely on tuning, by trial-and-error, hyper-parameters of model complexity that are only loosely…

Machine Learning · Computer Science 2020-05-29 Marco Virgolin , Andrea De Lorenzo , Eric Medvet , Francesca Randone

Machine learning (ML) models are increasingly being used in metrology applications. However, for ML models to be credible in a metrology context they should be accompanied by principled uncertainty quantification. This paper addresses the…

Machine Learning · Computer Science 2024-05-09 Andrew Thompson

Machine Learning (ML) models, such as deep neural networks, are widely applied in autonomous systems to perform complex perception tasks. New dependability challenges arise when ML predictions are used in safety-critical applications, like…

Machine Learning · Computer Science 2024-12-11 Raul Sena Ferreira , Joris Guérin , Kevin Delmas , Jérémie Guiochet , Hélène Waeselynck

Machine Learning (ML) models are increasingly integrated into safety-critical systems, such as autonomous vehicle platooning, to enable real-time decision-making. However, their inherent imperfection introduces a new class of failure:…

Artificial Intelligence · Computer Science 2025-06-10 Razieh Arshadizadeh , Mahmoud Asgari , Zeinab Khosravi , Yiannis Papadopoulos , Koorosh Aslansefat

Testing practices within the machine learning (ML) community have centered around assessing a learned model's predictive performance measured against a test dataset, often drawn from the same distribution as the training dataset. While…

Machine Learning · Computer Science 2021-12-07 Negar Rostamzadeh , Ben Hutchinson , Christina Greer , Vinodkumar Prabhakaran

We develop a rigorous walk-forward validation framework for algorithmic trading designed to mitigate overfitting and lookahead bias. Our methodology combines interpretable hypothesis-driven signal generation with reinforcement learning and…

Trading and Market Microstructure · Quantitative Finance 2025-12-16 Gagan Deep , Akash Deep , William Lamptey

Estimating how often an ML model will fail at deployment scale is central to pre-deployment safety assessment, but a feasible evaluation set is rarely large enough to observe the failures that matter. Jones et al. (2025) address this by…

Machine Learning · Computer Science 2026-05-18 Will Schwarzer , Scott Niekum

Extreme weather variations and the increasing unpredictability of load behavior make it difficult to determine power grid dispatches that are robust to uncertainties. While machine learning (ML) methods have improved the ability to model…

Systems and Control · Electrical Eng. & Systems 2025-07-21 Aayushya Agarwal , Larry Pileggi

While Machine Learning (ML) technologies are widely adopted in many mission critical fields to support intelligent decision-making, concerns remain about system resilience against ML-specific security attacks and privacy breaches as well as…

Machine Learning · Computer Science 2022-02-15 Pulei Xiong , Scott Buffett , Shahrear Iqbal , Philippe Lamontagne , Mohammad Mamun , Heather Molyneaux

Machine learning based system are increasingly being used for sensitive tasks such as security surveillance, guiding autonomous vehicle, taking investment decisions, detecting and blocking network intrusion and malware etc. However, recent…

Artificial Intelligence · Computer Science 2017-07-12 Atul Kumar , Sameep Mehta

Large Language Models (LLMs) exhibit remarkable capabilities across a spectrum of tasks in financial services, including report generation, chatbots, sentiment analysis, regulatory compliance, investment advisory, financial knowledge…

Computational Engineering, Finance, and Science · Computer Science 2025-06-02 Hariom Tatsat , Ariye Shater

Recent advances in Machine Learning(ML) have led to its broad adoption in a series of power system applications, ranging from meter data analytics, renewable/load/price forecasting to grid security assessment. Although these data-driven…

Systems and Control · Computer Science 2018-08-28 Yize Chen , Yushi Tan , Deepjyoti Deka

Large language models (LLMs) have shown strong reasoning capabilities and are increasingly explored for financial trading. Existing LLM-based trading agents, however, largely focus on single-step prediction and lack integrated mechanisms…

Multiagent Systems · Computer Science 2025-11-18 Bijia Liu , Ronghao Dang

Interpretability in machine learning (ML) is crucial for high stakes decisions and troubleshooting. In this work, we provide fundamental principles for interpretable ML, and dispel common misunderstandings that dilute the importance of this…

Machine Learning · Computer Science 2021-09-02 Cynthia Rudin , Chaofan Chen , Zhi Chen , Haiyang Huang , Lesia Semenova , Chudi Zhong

The trade-off between accuracy and interpretability has long been a challenge in machine learning (ML). This tension is particularly significant for emerging interpretable-by-design methods, which aim to redesign ML algorithms for…

Machine Learning · Computer Science 2025-05-28 Geyu Liang , Senne Michielssen , Salar Fattahi

The development and deployment of machine learning (ML) systems can be executed easily with modern tools, but the process is typically rushed and means-to-an-end. The lack of diligence can lead to technical debt, scope creep and misaligned…

Artificial Intelligence (AI) and its data-centric branch of machine learning (ML) have greatly evolved over the last few decades. However, as AI is used increasingly in real world use cases, the importance of the interpretability of and…

Machine Learning · Computer Science 2022-12-01 N. Ranasinghe , A. Ramanan , S. Fernando , P. N. Hameed , D. Herath , T. Malepathirana , P. Suganthan , M. Niranjan , S. Halgamuge

ML models have errors when used for predictions. The errors are unknown but can be quantified by model uncertainty. When multiple ML models are trained using the same training points, their model uncertainties may be statistically…

Machine Learning · Statistics 2025-09-23 Xiaoping Du

This paper provides robust, new evidence on the causal drivers of market troughs. We demonstrate that conclusions about these triggers are critically sensitive to model specification, moving beyond restrictive linear models with a flexible…

Statistical Finance · Quantitative Finance 2025-09-09 Peilin Rao , Randall R. Rojas