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Indirect discrimination is an issue of major concern in algorithmic models. This is particularly the case in insurance pricing where protected policyholder characteristics are not allowed to be used for insurance pricing. Simply…

Machine Learning · Computer Science 2022-09-05 Mathias Lindholm , Ronald Richman , Andreas Tsanakas , Mario V. Wüthrich

The development of Machine Learning is experiencing growing interest from the general public, and in recent years there have been numerous press articles questioning its objectivity: racism, sexism, \dots Driven by the growing attention of…

Machine Learning · Statistics 2023-07-27 Marguerite Sauce , Antoine Chancel , Antoine Ly

Machine learning models have demonstrated promising performance in many areas. However, the concerns that they can be biased against specific demographic groups hinder their adoption in high-stake applications. Thus, it is essential to…

Machine Learning · Computer Science 2023-05-31 Canyu Chen , Yueqing Liang , Xiongxiao Xu , Shangyu Xie , Ashish Kundu , Ali Payani , Yuan Hong , Kai Shu

Ensuring fairness has emerged as one of the primary concerns in AI and its related algorithms. Over time, the field of machine learning fairness has evolved to address these issues. This paper provides an extensive overview of this field…

Machine Learning · Computer Science 2024-11-15 Quan Zhou

Personalization is pervasive in the online space as, when combined with learning, it leads to higher efficiency and revenue by allowing the most relevant content to be served to each user. However, recent studies suggest that such…

Computers and Society · Computer Science 2017-07-10 L. Elisa Celis , Nisheeth K. Vishnoi

At the core of insurance business lies classification between risky and non-risky insureds, actuarial fairness meaning that risky insureds should contribute more and pay a higher premium than non-risky or less-risky ones. Actuaries,…

Machine Learning · Statistics 2022-12-27 Vincent Grari , Arthur Charpentier , Marcin Detyniecki

In credit markets, screening algorithms aim to discriminate between good-type and bad-type borrowers. However, when doing so, they can also discriminate between individuals sharing a protected attribute (e.g. gender, age, racial origin) and…

Machine Learning · Statistics 2024-02-09 Christophe Hurlin , Christophe Pérignon , Sébastien Saurin

The analysis of discrimination has long interested economists and lawyers. In recent years, the literature in computer science and machine learning has become interested in the subject, offering an interesting re-reading of the topic. These…

Econometrics · Economics 2022-12-21 Arthur Charpentier

An increasing number of decisions regarding the daily lives of human beings are being controlled by artificial intelligence (AI) algorithms in spheres ranging from healthcare, transportation, and education to college admissions,…

Computers and Society · Computer Science 2020-01-28 Dana Pessach , Erez Shmueli

Machine learning algorithms are now frequently used in sensitive contexts that substantially affect the course of human lives, such as credit lending or criminal justice. This is driven by the idea that `objective' machines base their…

Machine Learning · Computer Science 2019-01-17 Songül Tolan

The non-life insurance sector operates within a highly competitive and tightly regulated framework, confronting a pivotal juncture in the formulation of pricing strategies. Insurers are compelled to harness a range of statistical…

Machine Learning · Statistics 2024-06-21 Mulah Moriah , Franck Vermet , Arthur Charpentier

Since the beginning of their history, insurers have been known to use data to classify and price risks. As such, they were confronted early on with the problem of fairness and discrimination associated with data. This issue is becoming…

General Economics · Economics 2022-05-18 Laurence Barry , Arthur Charpentier

Machine learning algorithms are extensively used to make increasingly more consequential decisions about people, so achieving optimal predictive performance can no longer be the only focus. A particularly important consideration is fairness…

Machine Learning · Computer Science 2020-06-09 Giulio Morina , Viktoriia Oliinyk , Julian Waton , Ines Marusic , Konstantinos Georgatzis

Fairness in AI-driven decision-making systems has become a critical concern, especially when these systems directly affect human lives. This paper explores the public's comprehension of fairness in healthcare recommendations. We conducted a…

Machine Learning · Computer Science 2024-09-10 Veronica Kecki , Alan Said

Algorithmic decision making systems are ubiquitous across a wide variety of online as well as offline services. These systems rely on complex learning methods and vast amounts of data to optimize the service functionality, satisfaction of…

Machine Learning · Statistics 2017-03-27 Muhammad Bilal Zafar , Isabel Valera , Manuel Gomez Rodriguez , Krishna P. Gummadi

Machine learning actively impacts our everyday life in almost all endeavors and domains such as healthcare, finance, and energy. As our dependence on the machine learning increases, it is inevitable that these algorithms will be used to…

Machine Learning · Computer Science 2021-02-23 Ankit Kulshrestha , Ilya Safro

Artificial Intelligence (AI) models are now being utilized in all facets of our lives such as healthcare, education and employment. Since they are used in numerous sensitive environments and make decisions that can be life altering,…

Artificial Intelligence · Computer Science 2024-03-27 Tahsin Alamgir Kheya , Mohamed Reda Bouadjenek , Sunil Aryal

In this paper we examine algorithmic fairness from the perspective of law aiming to identify best practices and strategies for the specification and adoption of fairness definitions and algorithms in real-world systems and use cases. We…

Computers and Society · Computer Science 2024-05-01 Giorgos Giannopoulos , Maria Psalla , Loukas Kavouras , Dimitris Sacharidis , Jakub Marecek , German M Matilla , Ioannis Emiris

The rapid growth of data in the recent years has led to the development of complex learning algorithms that are often used to make decisions in real world. While the positive impact of the algorithms has been tremendous, there is a need to…

Machine Learning · Computer Science 2022-01-03 Ankit Kulshrestha , Ilya Safro

Decision-support systems are information systems that offer support to people's decisions in various applications such as judiciary, real-estate and banking sectors. Lately, these support systems have been found to be discriminatory in the…

Computers and Society · Computer Science 2020-09-10 Mukund Telukunta , Venkata Sriram Siddhardh Nadendla
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