Related papers: Fairness-Aware Insurance Pricing: A Multi-Objectiv…
Insurers are increasingly adopting more demand-based strategies to incorporate the indirect effect of premium changes on their policyholders' willingness to stay. However, since in practice both insurers' renewal premia and customers'…
In recent years, fairness in machine learning has emerged as a critical concern to ensure that developed and deployed predictive models do not have disadvantageous predictions for marginalized groups. It is essential to mitigate…
Fairness-aware classification requires balancing performance and fairness, often intensified by intersectional biases. Conflicting fairness definitions further complicate the task, making it difficult to identify universally fair solutions.…
Fairness has emerged as a critical consideration in the landscape of machine learning algorithms, particularly as AI continues to transform decision-making across societal domains. To ensure that these algorithms are free from bias and do…
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…
Algorithmic fairness seeks to identify and correct sources of bias in machine learning algorithms. Confoundingly, ensuring fairness often comes at the cost of accuracy. We provide formal tools in this work for reconciling this fundamental…
Bias originates from both data and algorithmic design, often exacerbated by traditional fairness methods that fail to address the subtle impacts of protected attributes. This study introduces an approach to mitigate bias in machine learning…
Non-dominated Sorting Genetic Algorithm (NSGA) has established itself as a benchmark algorithm for Multiobjective Optimization. The determination of pareto-optimal solutions is the key to its success. However the basic algorithm suffers…
The Non-dominated Sorting Genetic Algorithm II (NSGA-II) is the most prominent multi-objective evolutionary algorithm for real-world applications. While it performs evidently well on bi-objective optimization problems, empirical studies…
This paper applies the pareto-optimal concept to LC (lane-changing) motion planning in the presence of mixed traffic including manual and autonomous vehicles. Firstly, a multiobjective optimization problem is presented, in which the…
It has been shown that dimension reduction methods such as PCA may be inherently prone to unfairness and treat data from different sensitive groups such as race, color, sex, etc., unfairly. In pursuit of fairness-enhancing dimensionality…
Understanding and removing bias from the decisions made by machine learning models is essential to avoid discrimination against unprivileged groups. Despite recent progress in algorithmic fairness, there is still no clear answer as to which…
Multiple-objective optimization (MOO) aims to simultaneously optimize multiple conflicting objectives and has found important applications in machine learning, such as minimizing classification loss and discrepancy in treating different…
Pricing actuaries typically operate within the framework of generalized linear models (GLMs). With the upswing of data analytics, our study puts focus on machine learning methods to develop full tariff plans built from both the frequency…
There has been a recent critical need to study fairness and bias in machine learning (ML) algorithms. Since there is clearly no one-size-fits-all solution to fairness, ML methods should be developed alongside bias mitigation strategies that…
Today, AI is increasingly being used in many high-stakes decision-making applications in which fairness is an important concern. Already, there are many examples of AI being biased and making questionable and unfair decisions. The AI…
Fairness,the impartial treatment towards individuals or groups regardless of their inherent or acquired characteristics [20], is a critical challenge for the successful implementation of Artificial Intelligence (AI) in multiple fields like…
Fairness in clustering has been considered extensively in the past; however, the trade-off between the two objectives -- e.g., can we sacrifice just a little in the quality of the clustering to significantly increase fairness, or…
The evaluation of fairness models in Machine Learning involves complex challenges, such as defining appropriate metrics, balancing trade-offs between utility and fairness, and there are still gaps in this stage. This work presents a novel…
In the literature of mitigating unfairness in machine learning, many fairness measures are designed to evaluate predictions of learning models and also utilised to guide the training of fair models. It has been theoretically and empirically…