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Deep learning methods have become a widespread toolbox for pricing and calibration of financial models. While they often provide new directions and research results, their `black box' nature also results in a lack of interpretability. We…

Computational Finance · Quantitative Finance 2024-12-02 Bo Yuan , Damiano Brigo , Antoine Jacquier , Nicola Pede

Machine-learning models have demonstrated great success in learning complex patterns that enable them to make predictions about unobserved data. In addition to using models for prediction, the ability to interpret what a model has learned…

Machine Learning · Statistics 2019-11-15 W. James Murdoch , Chandan Singh , Karl Kumbier , Reza Abbasi-Asl , Bin Yu

Interpretability methods aim to help users build trust in and understand the capabilities of machine learning models. However, existing approaches often rely on abstract, complex visualizations that poorly map to the task at hand or require…

Human-Computer Interaction · Computer Science 2021-07-12 Harini Suresh , Kathleen M. Lewis , John V. Guttag , Arvind Satyanarayan

An important factor in the practical implementation of optimization models is the acceptance by the intended users. This is influenced among other factors by the interpretability of the solution process. Decision rules that meet this…

Machine Learning · Computer Science 2024-12-03 Marc Goerigk , Michael Hartisch , Sebastian Merten

Explainability is needed to establish confidence in machine learning results. Some explainable methods take a post hoc approach to explain the weights of machine learning models, others highlight areas of the input contributing to…

Machine Learning · Computer Science 2024-07-15 Paul Whitten , Francis Wolff , Chris Papachristou

Decisions by Machine Learning (ML) models have become ubiquitous. Trusting these decisions requires understanding how algorithms take them. Hence interpretability methods for ML are an active focus of research. A central problem in this…

Machine Learning · Computer Science 2019-01-25 Philipp Schmidt , Felix Biessmann

Deep Learning NLP domain lacks procedures for the analysis of model robustness. In this paper we propose a framework which validates robustness of any Question Answering model through model explainers. We propose that a robust model should…

Computation and Language · Computer Science 2018-12-07 Barbara Rychalska , Dominika Basaj , Przemyslaw Biecek

Being able to interpret, or explain, the predictions made by a machine learning model is of fundamental importance. This is especially true when there is interest in deploying data-driven models to make high-stakes decisions, e.g. in…

Machine Learning · Computer Science 2019-10-01 An-phi Nguyen , María Rodríguez Martínez

One of the desired key properties of deep learning models is the ability to generalise to unseen samples. When provided with new samples that are (perceptually) similar to one or more training samples, deep learning models are expected to…

Sound · Computer Science 2025-08-07 Katharina Hoedt , Arthur Flexer , Gerhard Widmer

The lack of interpretability and transparency are preventing economists from using advanced tools like neural networks in their empirical research. In this paper, we propose a class of interpretable neural network models that can achieve…

Econometrics · Economics 2020-12-01 Yucheng Yang , Zhong Zheng , Weinan E

As attribution-based explanation methods are increasingly used to establish model trustworthiness in high-stakes situations, it is critical to ensure that these explanations are stable, e.g., robust to infinitesimal perturbations to an…

It is often said that a deep learning model is "invariant" to some specific type of transformation. However, what is meant by this statement strongly depends on the context in which it is made. In this paper we explore the nature of…

Machine Learning · Computer Science 2022-10-11 Henry Kvinge , Tegan H. Emerson , Grayson Jorgenson , Scott Vasquez , Timothy Doster , Jesse D. Lew

The local and global interpretability of various ML models has been studied extensively in recent years. However, despite significant progress in the field, many known results remain informal or lack sufficient mathematical rigor. We…

Machine Learning · Computer Science 2024-06-10 Shahaf Bassan , Guy Amir , Guy Katz

This paper explores the intricate relationship between interpretability and robustness in deep learning models. Despite their remarkable performance across various tasks, deep learning models often exhibit critical vulnerabilities,…

Machine Learning · Computer Science 2024-12-30 Navid Nayyem , Abdullah Rakin , Longwei Wang

Methods for understanding the decisions of and mechanisms underlying deep neural networks (DNNs) typically rely on building intuition by emphasizing sensory or semantic features of individual examples. For instance, methods aim to visualize…

Computers and Society · Computer Science 2020-10-26 Matthew L. Leavitt , Ari Morcos

Neural network interpretation methods, particularly feature attribution methods, are known to be fragile with respect to adversarial input perturbations. To address this, several methods for enhancing the local smoothness of the gradient…

Computer Vision and Pattern Recognition · Computer Science 2022-12-08 Sunghwan Joo , Seokhyeon Jeong , Juyeon Heo , Adrian Weller , Taesup Moon

When quantitative models are used to support decision-making on complex and important topics, understanding a model's ``reasoning'' can increase trust in its predictions, expose hidden biases, or reduce vulnerability to adversarial attacks.…

Machine Learning · Computer Science 2019-07-09 Dimitris Bertsimas , Arthur Delarue , Patrick Jaillet , Sebastien Martin

Recent years have witnessed an increasing number of interpretation methods being developed for improving transparency of NLP models. Meanwhile, researchers also try to answer the question that whether the obtained interpretation is faithful…

Computation and Language · Computer Science 2020-09-17 Ninghao Liu , Yunsong Meng , Xia Hu , Tie Wang , Bo Long

In some situations, the interpretability of the machine learning models plays a role as important as the model accuracy. Interpretability comes from the need to trust the prediction model, verify some of its properties, or even enforce them…

Machine Learning · Computer Science 2024-04-10 Guilherme Seidyo Imai Aldeia , Fabricio Olivetti de Franca

As Graph Neural Networks (GNNs) become more pervasive, it becomes paramount to build reliable tools for explaining their predictions. A core desideratum is that explanations are \textit{faithful}, \ie that they portray an accurate picture…

Machine Learning · Computer Science 2025-04-11 Steve Azzolin , Antonio Longa , Stefano Teso , Andrea Passerini