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Artificial Intelligence (AI) is an important driving force for the development and transformation of the financial industry. However, with the fast-evolving AI technology and application, unintentional bias, insufficient model validation,…

Machine Learning · Statistics 2019-12-17 Yukun Zhang , Longsheng Zhou

The increasing use of Artificial Intelligence (AI) in critical societal domains has amplified concerns about fairness, particularly regarding unequal treatment across sensitive attributes such as race, gender, and socioeconomic status.…

Machine Learning · Computer Science 2025-12-09 Munshi Mahbubur Rahman , Shimei Pan , James R. Foulds

The effectiveness of machine learning in evaluating the creditworthiness of loan applicants has been demonstrated for a long time. However, there is concern that the use of automated decision-making processes may result in unequal treatment…

Machine Learning · Computer Science 2023-06-23 Darie Moldovan

Machine learning actively impacts our everyday life in almost all endeavors and domains such as healthcare, finance, and energy. As our dependence on the machine learning increases, it is inevitable that these algorithms will be used to…

Machine Learning · Computer Science 2021-02-23 Ankit Kulshrestha , Ilya Safro

Artificial Intelligence (AI) finds widespread application across various domains, but it sparks concerns about fairness in its deployment. The prevailing discourse in classification often emphasizes outcome-based metrics comparing sensitive…

Machine Learning · Computer Science 2024-12-18 Sofie Goethals , Marco Favier , Toon Calders

Successful deployment of artificial intelligence (AI) in various settings has led to numerous positive outcomes for individuals and society. However, AI systems have also been shown to harm parts of the population due to biased predictions.…

Computers and Society · Computer Science 2023-07-21 Ondrej Bohdal , Timothy Hospedales , Philip H. S. Torr , Fazl Barez

Whereas previous post-processing approaches for increasing the fairness of predictions of biased classifiers address only group fairness, we propose a method for increasing both individual and group fairness. Our novel framework includes an…

Fairness in machine learning is more important than ever as ethical concerns continue to grow. Individual fairness demands that individuals differing only in sensitive attributes receive the same outcomes. However, commonly used machine…

Machine Learning · Computer Science 2025-08-22 Ruihan Zhang , Jun Sun

Mitigating algorithmic bias is a critical task in the development and deployment of machine learning models. While several toolkits exist to aid machine learning practitioners in addressing fairness issues, little is known about the…

Human-Computer Interaction · Computer Science 2023-03-02 Zahra Ashktorab , Benjamin Hoover , Mayank Agarwal , Casey Dugan , Werner Geyer , Hao Bang Yang , Mikhail Yurochkin

AI systems are increasingly used in high-stakes domains such as credit rating, where fairness concerns are critical. Existing fairness assessments are typically conducted by AI experts or regulators using predefined protected attributes and…

Computers and Society · Computer Science 2026-02-10 Lin Luo , Satwik Ghanta , Yuri Nakao , Mathieu Chollet , Simone Stumpf

The significant advancements in applying Artificial Intelligence (AI) to healthcare decision-making, medical diagnosis, and other domains have simultaneously raised concerns about the fairness and bias of AI systems. This is particularly…

Computers and Society · Computer Science 2024-01-30 Emilio Ferrara

When using machine learning to aid decision-making, it is critical to ensure that an algorithmic decision is fair and does not discriminate against specific individuals/groups, particularly those from underprivileged populations. Existing…

Machine Learning · Computer Science 2024-11-20 Yifei Wang , Zhengyang Zhou , Liqin Wang , John Laurentiev , Peter Hou , Li Zhou , Pengyu Hong

Fairness,the impartial treatment towards individuals or groups regardless of their inherent or acquired characteristics [20], is a critical challenge for the successful implementation of Artificial Intelligence (AI) in multiple fields like…

Neural and Evolutionary Computing · Computer Science 2025-05-19 Catalina M Jaramillo , Paul Squires , Julian Togelius

The digitalization of credit scoring has become essential for financial institutions and commercial banks, especially in the era of digital transformation. Machine learning techniques are commonly used to evaluate customers'…

Machine Learning · Computer Science 2026-03-06 Huyen Giang Thi Thu , Thang Viet Doan , Ha-Bang Ban , Tai Le Quy

There is substantial evidence that Artificial Intelligence (AI) and Machine Learning (ML) algorithms can generate bias against minorities, women, and other protected classes. Federal and state laws have been enacted to protect consumers…

Computers and Society · Computer Science 2021-08-23 Nicholas Schmidt , Bryce Stephens

Discrimination via algorithmic decision making has received considerable attention. Prior work largely focuses on defining conditions for fairness, but does not define satisfactory measures of algorithmic unfairness. In this paper, we focus…

Model fairness is an essential element for Trustworthy AI. While many techniques for model fairness have been proposed, most of them assume that the training and deployment data distributions are identical, which is often not true in…

Machine Learning · Computer Science 2023-02-07 Yuji Roh , Kangwook Lee , Steven Euijong Whang , Changho Suh

Ensuring long-term fairness is crucial when developing automated decision making systems, specifically in dynamic and sequential environments. By maximizing their reward without consideration of fairness, AI agents can introduce disparities…

Machine Learning · Computer Science 2025-01-03 Sahand Rezaei-Shoshtari , Hanna Yurchyk , Scott Fujimoto , Doina Precup , David Meger

Fairness and accountability are two essential pillars for trustworthy Artificial Intelligence (AI) in healthcare. However, the existing AI model may be biased in its decision marking. To tackle this issue, we propose an adversarial…

Computer Vision and Pattern Recognition · Computer Science 2021-05-12 Xiaoxiao Li , Ziteng Cui , Yifan Wu , Lin Gu , Tatsuya Harada

Individual fairness is an intuitive definition of algorithmic fairness that addresses some of the drawbacks of group fairness. Despite its benefits, it depends on a task specific fair metric that encodes our intuition of what is fair and…

Machine Learning · Statistics 2020-06-23 Debarghya Mukherjee , Mikhail Yurochkin , Moulinath Banerjee , Yuekai Sun
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