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Since the 1990s, there have been significant advances in the technology space and the e-Commerce area, leading to an exponential increase in demand for cashless payment solutions. This has led to increased demand for credit cards, bringing…

Risk Management · Quantitative Finance 2021-10-06 K. S. Naik

In machine learning, training data often capture the behaviour of multiple subgroups of some underlying human population. When the amounts of training data for the subgroups are not controlled carefully, under-representation bias arises. We…

Machine Learning · Computer Science 2022-09-07 Quan Zhou , Jakub Marecek , Robert N. Shorten

A growing specter in the rise of machine learning is whether the decisions made by machine learning models are fair. While research is already underway to formalize a machine-learning concept of fairness and to design frameworks for…

Machine Learning · Computer Science 2020-09-28 Tao Zhang , Tianqing Zhu , Jing Li , Mengde Han , Wanlei Zhou , Philip S. Yu

Machine learning models are increasingly being used in important decision-making software such as approving bank loans, recommending criminal sentencing, hiring employees, and so on. It is important to ensure the fairness of these models so…

Machine Learning · Computer Science 2020-09-23 Sumon Biswas , Hridesh Rajan

Sociotechnical systems within cities are now equipped with machine learning algorithms in hopes to increase efficiency and functionality by modeling and predicting trends. Machine learning algorithms have been applied in these domains to…

Machine Learning · Computer Science 2020-12-08 Katelyn Morrison

Machine Learning models have been deployed across many different aspects of society, often in situations that affect social welfare. Although these models offer streamlined solutions to large problems, they may contain biases and treat…

Machine Learning · Computer Science 2021-06-22 Tal Feldman , Ashley Peake

Distributionally robust optimization (DRO) can improve the robustness and fairness of learning methods. In this paper, we devise stochastic algorithms for a class of DRO problems including group DRO, subpopulation fairness, and empirical…

Machine Learning · Computer Science 2025-02-03 Tasuku Soma , Khashayar Gatmiry , Sharut Gupta , Stefanie Jegelka

Traditional software fairness research typically emphasizes ethical and social imperatives, neglecting that fairness fundamentally represents a core software quality issue arising directly from performance disparities across sensitive user…

Software Engineering · Computer Science 2025-12-29 Ying Xiao , Shangwen Wang , Sicen Liu , Dingyuan Xue , Xian Zhan , Yepang Liu , Jie M. Zhang

In machine learning (ML) applications, unfair predictions may discriminate against a minority group. Most existing approaches for fair machine learning (FML) treat fairness as a constraint or a penalization term in the optimization of a ML…

Machine Learning · Computer Science 2021-08-17 Suyun Liu , Luis Nunes Vicente

To mitigate the bias exhibited by machine learning models, fairness criteria can be integrated into the training process to ensure fair treatment across all demographics, but it often comes at the expense of model performance. Understanding…

Machine Learning · Computer Science 2023-06-06 Ruicheng Xian , Lang Yin , Han Zhao

Does machine learning and AI ensure that social biases thrive ? This paper aims to analyse this issue. Indeed, as algorithms are informed by data, if these are corrupted, from a social bias perspective, good machine learning algorithms…

Machine Learning · Statistics 2020-11-03 Bertrand K. Hassani

As machine learning being used increasingly in making high-stakes decisions, an arising challenge is to avoid unfair AI systems that lead to discriminatory decisions for protected population. A direct approach for obtaining a fair…

Machine Learning · Computer Science 2023-02-24 Yao Yao , Qihang Lin , Tianbao Yang

Algorithmic decision making process now affects many aspects of our lives. Standard tools for machine learning, such as classification and regression, are subject to the bias in data, and thus direct application of such off-the-shelf tools…

Machine Learning · Statistics 2017-10-16 Junpei Komiyama , Hajime Shimao

Algorithmic bias mitigation has been one of the most difficult conundrums for the data science community and Machine Learning (ML) experts. Over several years, there have appeared enormous efforts in the field of fairness in ML. Despite the…

Generative models are often deployed to make decisions on behalf of users, such as vision-language models (VLMs) identifying which person in a room is a doctor to help visually impaired individuals. Yet, VLM decisions are influenced by the…

Reinforcement learning has been explored for many problems, from video games with deterministic environments to portfolio and operations management in which scenarios are stochastic; however, there have been few attempts to test these…

General Finance · Quantitative Finance 2024-02-19 Sherly Alfonso-Sánchez , Jesús Solano , Alejandro Correa-Bahnsen , Kristina P. Sendova , Cristián Bravo

The cardinality estimation is a key aspect of query optimization research, and its performance has significantly improved with the integration of machine learning. To overcome the "cold start" problem or the lack of model transferability in…

Databases · Computer Science 2025-05-29 Boyang Fang

With the growing adoption of machine learning (ML) systems in areas like law enforcement, criminal justice, finance, hiring, and admissions, it is increasingly critical to guarantee the fairness of decisions assisted by ML. In this paper,…

Machine Learning · Computer Science 2024-05-17 Meiyu Zhong , Ravi Tandon

In the current landscape of ever-increasing levels of digitalization, we are facing major challenges pertaining to scalability. Recommender systems have become irreplaceable both for helping users navigate the increasing amounts of data…

Information Retrieval · Computer Science 2024-04-03 Bjørnar Vassøy , Helge Langseth

Automated data-driven decision making systems are increasingly being used to assist, or even replace humans in many settings. These systems function by learning from historical decisions, often taken by humans. In order to maximize the…

Machine Learning · Statistics 2017-03-10 Muhammad Bilal Zafar , Isabel Valera , Manuel Gomez Rodriguez , Krishna P. Gummadi
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