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Related papers: On the Evaluation of Skill in Binary Forecast

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Without the ability to estimate and benchmark AI capability advancements, organizations are left to respond to each change reactively, impeding their ability to build viable mid and long-term strategies. This paper explores the recent…

Computers and Society · Computer Science 2023-04-03 Emily Dardaman , Abhishek Gupta

In the partially-observed outcome setting, a recent set of proposals known as "prediction-powered inference" (PPI) involve (i) applying a pre-trained machine learning model to predict the response, and then (ii) using these predictions to…

Methodology · Statistics 2026-02-12 Runjia Zou , Daniela Witten , Brian Williamson

Prediction-powered inference (PPI) enables valid statistical inference by combining experimental data with machine learning predictions. When a sufficient number of high-quality predictions is available, PPI results in more accurate…

Machine Learning · Statistics 2025-08-18 Stefano Cortinovis , François Caron

In this paper we propose a novel approach to realize forecast verification. Specifically, we introduce a strategy for assessing the severity of forecast errors based on the evidence that, on the one hand, a false alarm just anticipating an…

Machine Learning · Computer Science 2021-03-05 Sabrina Guastavino , Michele Piana , Federico Benvenuto

When eliciting forecasts from a group of experts, it is important to reward predictions so that market participants are incentivized to tell the truth. Existing mechanisms partially accomplish this but remain susceptible to groups of…

Theoretical Economics · Economics 2024-11-26 Jack Edwards

Various measures can be used to estimate bias or unfairness in a predictor. Previous work has already established that some of these measures are incompatible with each other. Here we show that, when groups differ in prevalence of the…

Applications · Statistics 2017-09-13 Thomas Miconi

Performance prediction, the task of estimating a system's performance without performing experiments, allows us to reduce the experimental burden caused by the combinatorial explosion of different datasets, languages, tasks, and models. In…

Computation and Language · Computer Science 2021-02-11 Zihuiwen Ye , Pengfei Liu , Jinlan Fu , Graham Neubig

Statistical analysis of extremes can be used to predict the probability of future extreme events, such as large rainfalls or devastating windstorms. The quality of these forecasts can be measured through scoring rules. Locally scale…

Methodology · Statistics 2024-02-22 Helga Kristin Olafsdottir , Holger Rootzén , David Bolin

Probability forecasts of events are routinely used in climate predictions, in forecasting default probabilities on bank loans or in estimating the probability of a patient's positive response to treatment. Scoring rules have long been used…

Statistics Theory · Mathematics 2012-02-24 Tze Leung Lai , Shulamith T. Gross , David Bo Shen

Bayesian experts who are exposed to different evidence often make contradictory probabilistic forecasts. An aggregator, ignorant of the underlying model, uses this to calculate her own forecast. We use the notions of scoring rules and…

Economics · Quantitative Finance 2018-02-13 Itai Areili , Yakov Babichenko , Rann Smorodinsky

Prediction markets provide an efficient means to assess uncertain quantities from forecasters. Traditional and competitive strictly proper scoring rules have been shown to incentivize players to provide truthful probabilistic forecasts.…

Computer Science and Game Theory · Computer Science 2012-02-20 SangIn Chun , Ross D. Shachter

Generalist robot manipulation policies are becoming increasingly capable, but are limited in evaluation to a small number of hardware rollouts. This strong resource constraint in real-world testing necessitates both more informative…

In situations where forecasters are scored on the quality of their probabilistic predictions, it is standard to use `proper' scoring rules to perform such scoring. These rules are desirable because they give forecasters no incentive to lie…

Methodology · Statistics 2020-08-25 Spencer Greenberg

We define the likelihood and give a number of justifications for its use as a skill measure for probabilistic forecasts. We describe a number of different scores based on the likelihood, and briefly investigate the relationships between the…

Atmospheric and Oceanic Physics · Physics 2007-05-23 Stephen Jewson

In this paper, we describe our method for ranking the skills required for a given job title. Our analysis shows that important/relevant skills appear more frequently in similar job titles. We train a Language-agnostic BERT Sentence Encoder…

Computation and Language · Computer Science 2022-12-19 Sarthak Anand , Jens-Joris Decorte , Niels Lowie

Prediction-Powered Inference (PPI) is a powerful framework for enhancing statistical estimates by combining limited gold-standard data with machine learning (ML) predictions. While prior work has demonstrated PPI's benefits for individual…

Machine Learning · Statistics 2025-11-10 Sida Li , Nikolaos Ignatiadis

The comparison of benchmark error sets is an essential tool for the evaluation of theories in computational chemistry. The standard ranking of methods by their Mean Unsigned Error is unsatisfactory for several reasons linked to the…

Methodology · Statistics 2020-09-29 Pascal Pernot , Andreas Savin

We consider the problem of binary prediction with expert advice in settings where experts have agency and seek to maximize their credibility. This paper makes three main contributions. First, it defines a model to reason formally about…

Computer Science and Game Theory · Computer Science 2021-03-16 Tim Roughgarden , Okke Schrijvers

Statistical estimation often involves tradeoffs between expensive, high-quality measurements and a variety of lower-quality proxies. We introduce Multiple-Prediction-Powered Inference (MultiPPI): a general framework for constructing…

Probabilistic forecasts must sum to unity and cannot express ``I don't know.'' Possibility theory relaxes this constraint: a subnormal distribution explicitly measures how much of the plausibility budget remains unassigned, ignorance signal…

Applications · Statistics 2026-04-03 John R. Lawson