Related papers: Fairness-Aware Insurance Pricing: A Multi-Objectiv…
The feature subset selection problem aims at selecting the relevant subset of features to improve the performance of a Machine Learning (ML) algorithm on training data. Some features in data can be inherently noisy, costly to compute,…
This paper presents a novel approach to optimizing profit margins in non-life insurance markets through a gradient descent-based method, targeting three key objectives: 1) maximizing profit margins, 2) ensuring conversion rates, and 3)…
In the application of machine learning to real-life decision-making systems, e.g., credit scoring and criminal justice, the prediction outcomes might discriminate against people with sensitive attributes, leading to unfairness. The commonly…
Highly regulated domains such as finance have long favoured the use of machine learning algorithms that are scalable, transparent, robust and yield better performance. One of the most prominent examples of such an algorithm is XGBoost.…
In this work we formulate and formally characterize group fairness as a multi-objective optimization problem, where each sensitive group risk is a separate objective. We propose a fairness criterion where a classifier achieves minimax risk…
Machine learning classifiers are widely used to make decisions with a major impact on people's lives (e.g. accepting or denying a loan, hiring decisions, etc). In such applications,the learned classifiers need to be both accurate and fair…
Improving the fairness of machine learning models is a nuanced task that requires decision makers to reason about multiple, conflicting criteria. The majority of fair machine learning methods transform the error-fairness trade-off into a…
Nowadays, most online services are hosted on multi-stakeholder marketplaces, where consumers and producers may have different objectives. Conventional recommendation systems, however, mainly focus on maximizing consumers' satisfaction by…
As AI-based decision systems proliferate, their successful operationalization requires balancing multiple desiderata: predictive performance, disparity across groups, safeguarding sensitive group attributes (e.g., race), and engineering…
Software quality estimation is a challenging and time-consuming activity, and models are crucial to face the complexity of such activity on modern software applications. In this context, software refactoring is a crucial activity within…
Algorithmic fairness has become a central concern in computational decision-making systems, where ensuring equitable outcomes is essential for both ethical and legal reasons. Two dominant notions of fairness have emerged in the literature:…
Fairness is a central pillar of trustworthy machine learning, especially in domains where accuracy- or profit-driven optimization is insufficient. While most fairness research focuses on supervised learning, fairness in policy learning…
Fair lending practices and model interpretability are crucial concerns in the financial industry, especially given the increasing use of complex machine learning models. In response to the Consumer Financial Protection Bureau's (CFPB)…
Two important characteristics of multi-objective evolutionary algorithms are distribution and convergency. As a classic multi-objective genetic algorithm, NSGA-II is widely used in multi-objective optimization fields. However, in NSGA-II,…
Fair machine learning works have been focusing on the development of equitable algorithms that address discrimination of certain groups. Yet, many of these fairness-aware approaches aim to obtain a unique solution to the problem, which…
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…
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…
Recent years have seen the rapid development of fairness-aware machine learning in mitigating unfairness or discrimination in decision-making in a wide range of applications. However, much less attention has been paid to the fairness-aware…
Large Language Models (LLMs) suffer from order bias, where their performance is affected by the arrangement order of input elements. This unfairness limits the model's applications in scenarios such as in-context learning and…
Fairness in both Machine Learning (ML) predictions and human decision-making is essential, yet both are susceptible to different forms of bias, such as algorithmic and data-driven in ML, and cognitive or subjective in humans. In this study,…