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Development of interpretable machine learning models for clinical healthcare applications has the potential of changing the way we understand, treat, and ultimately cure, diseases and disorders in many areas of medicine. These models can…

Machine Learning · Computer Science 2019-08-06 Qingzhu Gao , Humberto Gonzalez , Parvez Ahammad

Interpretability analysis methods for artificial intelligence models, such as LIME and SHAP, are widely used, though they primarily serve as post-model for analyzing model outputs. While it is commonly believed that the transparency and…

General Finance · Quantitative Finance 2025-02-28 Yan Zhang , Lin Chen , Yixiang Tian

Machine learning is an increasingly popular tool with some success in predicting stock prices. One promising method is the Trader-Company~(TC) method, which takes into account the dynamism of the stock market and has both high predictive…

Computational Finance · Quantitative Finance 2022-11-03 Yugo Fujimoto , Kei Nakagawa , Kentaro Imajo , Kentaro Minami

Machine learning models are often criticized for their black-box nature, raising concerns about their applicability in critical decision-making scenarios. Consequently, there is a growing demand for interpretable models in such contexts. In…

Machine Learning · Computer Science 2024-08-28 I-Ling Cheng , Chan Hsu , Chantung Ku , Pei-Ju Lee , Yihuang Kang

For machine learning models to be most useful in numerous sociotechnical systems, many have argued that they must be human-interpretable. However, despite increasing interest in interpretability, there remains no firm consensus on how to…

Machine Learning · Computer Science 2021-02-03 Andrew Slavin Ross , Nina Chen , Elisa Zhao Hang , Elena L. Glassman , Finale Doshi-Velez

Data valuation has found various applications in machine learning, such as data filtering, efficient learning and incentives for data sharing. The most popular current approach to data valuation is the Shapley value. While popular for its…

Machine Learning · Computer Science 2023-11-10 Lauren Watson , Zeno Kujawa , Rayna Andreeva , Hao-Tsung Yang , Tariq Elahi , Rik Sarkar

Prototype-based methods are of the particular interest for domain specialists and practitioners as they summarize a dataset by a small set of representatives. Therefore, in a classification setting, interpretability of the prototypes is as…

Machine Learning · Computer Science 2019-11-12 Babak Hosseini , Barbara Hammer

Understanding human behavior from observed data is critical for transparency and accountability in decision-making. Consider real-world settings such as healthcare, in which modeling a decision-maker's policy is challenging -- with no…

Machine Learning · Statistics 2023-11-01 Alihan Hüyük , Daniel Jarrett , Mihaela van der Schaar

Identifying anomalies in the fuel consumption of the vehicles of a fleet is a crucial aspect for optimizing consumption and reduce costs. However, this information alone is insufficient, since fleet operators need to know the causes behind…

Machine Learning · Computer Science 2021-07-23 Alberto Barbado , Óscar Corcho

As a multitude of capable machine learning (ML) models become widely available in forms such as open-source software and public APIs, central questions remain regarding their use in real-world applications, especially in high-stakes…

Machine Learning · Computer Science 2024-06-03 Dimitris Bertsimas , Matthew Peroni

Index funds are substantially preferred by investors nowadays, and market sensitivities are instrumental in managing index funds. An index fund is a mutual fund aiming to track the returns of a predefined market index (e.g., the S&P 500). A…

Portfolio Management · Quantitative Finance 2022-12-20 Yoonsik Hong , Yanghoon Kim , Jeonghun Kim , Yongmin Choi

Despite the popularity of Shapley Values in explaining neural text classification models, computing them is prohibitive for large pretrained models due to a large number of model evaluations. In practice, Shapley Values are often estimated…

Computation and Language · Computer Science 2023-06-01 Chenghao Yang , Fan Yin , He He , Kai-Wei Chang , Xiaofei Ma , Bing Xiang

Interpretable risk scores play a vital role in clinical decision support, yet traditional methods for deriving such scores often rely on manual preprocessing, task-specific modeling, and simplified assumptions that limit their flexibility…

Machine Learning · Computer Science 2025-09-30 Tomer D. Meirman , Bracha Shapira , Noa Dagan , Lior S. Rokach

Interpretable machine learning has become a very active area of research due to the rising popularity of machine learning algorithms and their inherently challenging interpretability. Most work in this area has been focused on the…

Machine Learning · Statistics 2023-11-09 Quay Au , Julia Herbinger , Clemens Stachl , Bernd Bischl , Giuseppe Casalicchio

Micro-blogging sources such as the Twitter social network provide valuable real-time data for market prediction models. Investors' opinions in this network follow the fluctuations of the stock markets and often include educated speculations…

Despite increasing interest in the field of Interpretable Machine Learning (IML), a significant gap persists between the technical objectives targeted by researchers' methods and the high-level goals of consumers' use cases. In this work,…

Machine Learning · Computer Science 2021-07-30 Valerie Chen , Jeffrey Li , Joon Sik Kim , Gregory Plumb , Ameet Talwalkar

Identifying market abuse activity from data on investors' trading activity is very challenging both for the data volume and for the low signal to noise ratio. Here we propose two complementary unsupervised machine learning methods to…

Statistical Finance · Quantitative Finance 2022-12-13 Piero Mazzarisi , Adele Ravagnani , Paola Deriu , Fabrizio Lillo , Francesca Medda , Antonio Russo

Developing inherently interpretable models for prediction has gained prominence in recent years. A subclass of these models, wherein the interpretable network relies on learning high-level concepts, are valued because of closeness of…

Computer Vision and Pattern Recognition · Computer Science 2025-03-20 Jayneel Parekh , Quentin Bouniot , Pavlo Mozharovskyi , Alasdair Newson , Florence d'Alché-Buc

Explainable AI is an emerging field providing solutions for acquiring insights into automated systems' rationale. It has been put on the AI map by suggesting ways to tackle key ethical and societal issues. Existing explanation techniques…

Machine Learning · Computer Science 2022-05-02 Ioannis Mollas , Nick Bassiliades , Grigorios Tsoumakas

Rapid development of advanced modelling techniques gives an opportunity to develop tools that are more and more accurate. However as usually, everything comes with a price and in this case, the price to pay is to loose interpretability of a…