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This paper develops theoretical criteria and econometric methods to rank policy interventions in terms of welfare when individuals are loss-averse. Our new criterion for "loss aversion-sensitive dominance" defines a weak partial ordering of…

Econometrics · Economics 2023-09-07 Sergio Firpo , Antonio F. Galvao , Martyna Kobus , Thomas Parker , Pedro Rosa-Dias

We study the problem of an organization that matches agents to objects where agents have preference rankings over objects and the organization uses algorithms to construct a ranking over objects on behalf of each agent. Our new framework…

Theoretical Economics · Economics 2025-08-12 Terence Highsmith

Nowadays, many decisions are made using predictive models built on historical data.Predictive models may systematically discriminate groups of people even if the computing process is fair and well-intentioned. Discrimination-aware data…

Computers and Society · Computer Science 2015-11-23 Indre Zliobaite

Social agents and robots are increasingly being used in wellbeing settings. However, a key challenge is that these agents and robots typically rely on machine learning (ML) algorithms to detect and analyse an individual's mental wellbeing.…

Machine Learning · Computer Science 2024-08-09 Joseph Cameron , Jiaee Cheong , Micol Spitale , Hatice Gunes

Motivated by a plethora of practical examples where bias is induced by automated-decision making algorithms, there has been strong recent interest in the design of fair algorithms. However, there is often a dichotomy between fairness and…

Artificial Intelligence · Computer Science 2023-07-13 April Niu , Agnes Totschnig , Adrian Vetta

We study fair multi-objective reinforcement learning in which an agent must learn a policy that simultaneously achieves high reward on multiple dimensions of a vector-valued reward. Motivated by the fair resource allocation literature, we…

Computer Science and Game Theory · Computer Science 2024-02-09 Zimeng Fan , Nianli Peng , Muhang Tian , Brandon Fain

As machine learning (ML) algorithms are increasingly used in social domains to make predictions about humans, there is a growing concern that these algorithms may exhibit biases against certain social groups. Numerous notions of fairness…

Machine Learning · Computer Science 2025-09-30 Zhongteng Cai , Mohammad Mahdi Khalili , Xueru Zhang

Machine learning models are used for pattern recognition analysis of big data, without direct human intervention. The task of unsupervised learning is to find the probability distribution that would best describe the available data, and…

Quantum Physics · Physics 2026-05-14 Apoorva D. Patel

In markets where algorithmic data processing is increasingly prevalent, recommendation algorithms can substantially affect trade and welfare. We consider a setting in which an algorithm recommends a product based on its value to the buyer…

Theoretical Economics · Economics 2025-06-17 Shota Ichihashi , Alex Smolin

An increasing number of decisions are guided by machine learning algorithms. In many settings, from consumer credit to criminal justice, those decisions are made by applying an estimator to data on an individual's observed behavior. But…

Theoretical Economics · Economics 2020-04-09 Daniel Björkegren , Joshua E. Blumenstock , Samsun Knight

Recent studies on disparate impact in machine learning applications have sparked a debate around the concept of fairness along with attempts to formalize its different criteria. Many of these approaches focus on reducing prediction errors…

Computers and Society · Computer Science 2018-10-22 Ansh Patel

Applications of machine learning tools to problems of physical interest are often criticized for producing sensitivity at the expense of transparency. To address this concern, we explore a data planing procedure for identifying combinations…

High Energy Physics - Phenomenology · Physics 2018-03-29 Spencer Chang , Timothy Cohen , Bryan Ostdiek

With the growing utilization of machine learning in healthcare, there is increasing potential to enhance healthcare outcomes. However, this also brings the risk of perpetuating biases in data and model design that can harm certain…

Machine Learning · Computer Science 2023-08-15 Shaina Raza , Parisa Osivand Pour , Syed Raza Bashir

The prevalence and importance of algorithmic two-sided marketplaces has drawn attention to the issue of fairness in such settings. Algorithmic decisions are used in assigning students to schools, users to advertisers, and applicants to job…

Machine Learning · Computer Science 2023-06-19 Siddartha Devic , David Kempe , Vatsal Sharan , Aleksandra Korolova

This paper discusses capabilities that are essential to models applied in policy analysis settings and the limitations of direct applications of off-the-shelf machine learning methodologies to such settings. Traditional econometric…

Machine Learning · Computer Science 2021-01-26 Youssef M. Aboutaleb , Mazen Danaf , Yifei Xie , Moshe Ben-Akiva

Algorithms are now routinely used to make consequential decisions that affect human lives. Examples include college admissions, medical interventions or law enforcement. While algorithms empower us to harness all information hidden in vast…

Machine Learning · Computer Science 2020-12-10 Bahar Taskesen , Jose Blanchet , Daniel Kuhn , Viet Anh Nguyen

The machine learning (ML) techniques to predict unitarity (UNI) and bounded from below (BFB) constraints in multi-scalar models is employed. The effectiveness of this approach is demonstrated by applying it to the two and three Higgs…

High Energy Physics - Phenomenology · Physics 2024-01-18 Darius Jurčiukonis

We demonstrate that machine learning enables the capability to infer an individual's propensity to vote from their past actions and attributes. This is useful for microtargeting voter outreach, voter education and get-out-the-vote (GOVT)…

Physics and Society · Physics 2021-02-15 Rebecca D. Pollard , Sara M. Pollard , Scott Streit

As algorithms increasingly inform and influence decisions made about individuals, it becomes increasingly important to address concerns that these algorithms might be discriminatory. The output of an algorithm can be discriminatory for many…

Machine Learning · Computer Science 2018-03-19 Úrsula Hébert-Johnson , Michael P. Kim , Omer Reingold , Guy N. Rothblum

Prediction-powered inference is a framework for performing valid statistical inference when an experimental dataset is supplemented with predictions from a machine-learning system. The framework yields simple algorithms for computing…

Machine Learning · Statistics 2023-11-10 Anastasios N. Angelopoulos , Stephen Bates , Clara Fannjiang , Michael I. Jordan , Tijana Zrnic
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