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Classifying samples in incomplete datasets is a common aim for machine learning practitioners, but is non-trivial. Missing data is found in most real-world datasets and these missing values are typically imputed using established methods,…
A supervised machine learning algorithm determines a model from a learning sample that will be used to predict new observations. To this end, it aggregates individual characteristics of the observations of the learning sample. But this…
The advent of powerful prediction algorithms led to increased automation of high-stake decisions regarding the allocation of scarce resources such as government spending and welfare support. This automation bears the risk of perpetuating…
An increased awareness concerning risks of algorithmic bias has driven a surge of efforts around bias mitigation strategies. A vast majority of the proposed approaches fall under one of two categories: (1) imposing algorithmic fairness…
Now that machine learning algorithms lie at the center of many resource allocation pipelines, computer scientists have been unwittingly cast as partial social planners. Given this state of affairs, important questions follow. What is the…
We characterize the structure and origins of missingness for 159 cross-sectional return predictors and study missing value handling for portfolios constructed using machine learning. Simply imputing with cross-sectional means performs well…
To reduce human error and prejudice, many high-stakes decisions have been turned over to machine algorithms. However, recent research suggests that this does not remove discrimination, and can perpetuate harmful stereotypes. While…
Fairness in machine learning (ML) has garnered significant attention in recent years. While existing research has predominantly focused on the distributive fairness of ML models, there has been limited exploration of procedural fairness.…
Mitigating algorithmic bias is a critical task in the development and deployment of machine learning models. While several toolkits exist to aid machine learning practitioners in addressing fairness issues, little is known about the…
In this paper, we deal with bias mitigation techniques that remove specific data points from the training set to aim for a fair representation of the population in that set. Machine learning models are trained on these pre-processed…
Fairness constitutes a concern within machine learning (ML) applications. Currently, there is no study on how disparities in classification complexity between privileged and unprivileged groups could influence the fairness of solutions,…
Data values in a dataset can be missing or anomalous due to mishandling or human error. Analysing data with missing values can create bias and affect the inferences. Several analysis methods, such as principle components analysis or…
Research on fairness in machine learning has been recently extended to recommender systems. One of the factors that may impact fairness is bias disparity, the degree to which a group's preferences on various item categories fail to be…
As decision-making increasingly relies on Machine Learning (ML) and (big) data, the issue of fairness in data-driven Artificial Intelligence (AI) systems is receiving increasing attention from both research and industry. A large variety of…
In this paper, we consider a theoretical model for injecting data bias, namely, under-representation and label bias (Blum & Stangl, 2019). We empirically study the effect of varying data biases on the accuracy and fairness of fair…
Artificial Intelligence (AI) systems are not intrinsically neutral and biases trickle in any type of technological tool. In particular when dealing with people, the impact of AI algorithms' technical errors originating with mislabeled data…
Fairness in data-driven decision-making studies scenarios where individuals from certain population segments may be unfairly treated when being considered for loan or job applications, access to public resources, or other types of services.…
Machine learning (ML) algorithms have become integral to decision making in various domains, including healthcare, finance, education, and law enforcement. However, concerns about fairness and bias in these systems pose significant ethical…
The operationalization of algorithmic fairness comes with several practical challenges, not the least of which is the availability or reliability of protected attributes in datasets. In real-world contexts, practical and legal impediments…
Algorithmic fairness has emphasized the role of biased data in automated decision outcomes. Recently, there has been a shift in attention to sources of bias that implicate fairness in other stages in the ML pipeline. We contend that one…