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With machine learning models being increasingly applied to various decision-making scenarios, people have spent growing efforts to make machine learning models more transparent and explainable. Among various explanation techniques,…

Machine Learning · Computer Science 2020-08-20 Furui Cheng , Yao Ming , Huamin Qu

Counterfactual Explanations (CEs) help address the question: How can the factors that influence the prediction of a predictive model be changed to achieve a more favorable outcome from a user's perspective? Thus, they bear the potential to…

Machine Learning · Computer Science 2023-11-27 Xuan Zhao , Klaus Broelemann , Gjergji Kasneci

The concept of counterfactual explanations (CE) has emerged as one of the important concepts to understand the inner workings of complex AI systems. In this paper, we translate the idea of CEs to linear optimization and propose, motivate,…

Optimization and Control · Mathematics 2024-05-27 Jannis Kurtz , Ş. İlker Birbil , Dick den Hertog

This article presents a Benchmarking methodology to support decision-making for international market selection (IMS). In order to do so, we will be using an output-oriented Data Envelopment Analysis (DEA) model. This methodology considers…

Statistical Finance · Quantitative Finance 2021-10-08 Safa El Kefi

This paper is a note on new directions and methodologies for validation and explanation of Machine Learning (ML) models employed for retail credit scoring in finance. Our proposed framework draws motivation from the field of Artificial…

Machine Learning · Statistics 2020-09-01 Masoud Hashemi , Ali Fathi

Counterfactual explanations have emerged as a prominent method in Explainable Artificial Intelligence (XAI), providing intuitive and actionable insights into Machine Learning model decisions. In contrast to other traditional feature…

We address a practical problem ubiquitous in modern marketing campaigns, in which a central agent tries to learn a policy for allocating strategic financial incentives to customers and observes only bandit feedback. In contrast to…

Machine Learning · Statistics 2019-11-12 Romain Lopez , Chenchen Li , Xiang Yan , Junwu Xiong , Michael I. Jordan , Yuan Qi , Le Song

Counterfactual explanations (CFEs) are an emerging technique under the umbrella of interpretability of machine learning (ML) models. They provide ``what if'' feedback of the form ``if an input datapoint were $x'$ instead of $x$, then an ML…

Machine Learning · Computer Science 2021-06-16 Sahil Verma , John Dickerson , Keegan Hines

Earnings call (EC), as a periodic teleconference of a publicly-traded company, has been extensively studied as an essential market indicator because of its high analytical value in corporate fundamentals. The recent emergence of deep…

Machine Learning · Computer Science 2021-12-06 Zixuan Yuan , Yada Zhu , Wei Zhang , Ziming Huang , Guangnan Ye , Hui Xiong

Counterfactual explanations (CEs) based on concepts are explanations that consider alternative scenarios to understand which high-level semantic features contributed to particular model predictions. In this work, we propose CEs based on the…

Computer Vision and Pattern Recognition · Computer Science 2024-07-23 Angeliki Dimitriou , Maria Lymperaiou , Giorgos Filandrianos , Konstantinos Thomas , Giorgos Stamou

Reinforcement learning control algorithms face significant challenges due to out-of-distribution and inefficient exploration problems. While model-based reinforcement learning enhances the agent's reasoning and planning capabilities by…

Machine Learning · Computer Science 2025-03-19 Sunbowen Lee , Yicheng Gong , Chao Deng

Counterfactual explanation is an important Explainable AI technique to explain machine learning predictions. Despite being studied actively, existing optimization-based methods often assume that the underlying machine-learning model is…

Artificial Intelligence · Computer Science 2022-06-01 Wenzhuo Yang , Jia Li , Caiming Xiong , Steven C. H. Hoi

Data Envelopment Analysis (DEA) as mathematical models evaluates the technical efficiency of Decision Making Units (DMU) having multiple inputs and multiple outputs. Researchers are interested in applying DEA models in Multi Attribute…

Optimization and Control · Mathematics 2015-08-26 Majid Zerafat Angiz L. , Mohd Kamal Nawawi , Mohammad Ghadiri , Adli Mustafa

In eXplainable Artificial Intelligence (XAI), counterfactual explanations are known to give simple, short, and comprehensible justifications for complex model decisions. However, we are yet to see more applied studies in which they are…

Artificial Intelligence · Computer Science 2023-05-18 Raphael Mazzine Barbosa de Oliveira , Sofie Goethals , Dieter Brughmans , David Martens

In real-world machine learning systems, labels are often derived from user behaviors that the system wishes to encourage. Over time, new models must be trained as new training examples and features become available. However, feedback loops…

Machine Learning · Computer Science 2023-11-01 Victoria Lin , Louis-Philippe Morency , Dimitrios Dimitriadis , Srinagesh Sharma

An alternative approach for the panel second stage of data envelopment analysis (DEA) is presented in this paper. Instead of efficiency scores, we propose to model rankings in the second stage using a dynamic ranking model in the…

Applications · Statistics 2024-05-09 Vladimír Holý

In this paper, we address the challenge of performing counterfactual inference with observational data via Bayesian nonparametric regression adjustment, with a focus on high-dimensional settings featuring multiple actions and multiple…

Machine Learning · Computer Science 2022-11-22 Alberto Caron , Gianluca Baio , Ioanna Manolopoulou

In the field of Explainable Artificial Intelligence (XAI), counterfactual examples explain to a user the predictions of a trained decision model by indicating the modifications to be made to the instance so as to change its associated…

Artificial Intelligence · Computer Science 2023-05-11 Thibault Laugel , Adulam Jeyasothy , Marie-Jeanne Lesot , Christophe Marsala , Marcin Detyniecki

Counterfactual explanations (CEs) aim to enhance the interpretability of machine learning models by illustrating how alterations in input features would affect the resulting predictions. Common CE approaches require an additional model and…

Computer Vision and Pattern Recognition · Computer Science 2024-10-02 Matan Atad , David Schinz , Hendrik Moeller , Robert Graf , Benedikt Wiestler , Daniel Rueckert , Nassir Navab , Jan S. Kirschke , Matthias Keicher

We can consider Counterfactuals as belonging in the domain of Discourse structure and semantics, A core area in Natural Language Understanding and in this paper, we introduce an approach to resolving counterfactual detection as well as the…

Computation and Language · Computer Science 2020-05-28 Kelechi Nwaike , Licheng Jiao