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ML models have errors when used for predictions. The errors are unknown but can be quantified by model uncertainty. When multiple ML models are trained using the same training points, their model uncertainties may be statistically…

Machine Learning · Statistics 2025-09-23 Xiaoping Du

This paper examines strategic trading under incomplete information, where firms lack full knowledge of key aspects of their competitors' trading strategies such as target sizes and market impact models. We extend previous work on…

Trading and Market Microstructure · Quantitative Finance 2025-03-25 Neil A. Chriss

Machine learning (ML) has penetrated various fields in the era of big data. The advantage of collaborative machine learning (CML) over most conventional ML lies in the joint effort of decentralized nodes or agents that results in better…

Machine Learning · Computer Science 2022-09-13 Shengwen Ding , Chenhui Hu

Money laundering is a financial crime that obscures the origin of illicit funds, necessitating the development and enforcement of anti-money laundering (AML) policies by governments and organizations. The proliferation of mobile payment…

Machine Learning · Computer Science 2025-03-14 Jiani Fan , Lwin Khin Shar , Ruichen Zhang , Ziyao Liu , Wenzhuo Yang , Dusit Niyato , Bomin Mao , Kwok-Yan Lam

As a basic human need, housing plays a key role in enhancing health, well-being, and educational outcome in society, and the housing market is a major factor for promoting quality of life and ensuring social equity. To improve the housing…

Machine Learning · Computer Science 2025-06-16 Abdalwahab Almajed , Maryam Tabar , Peyman Najafirad

We address the challenge of solving machine learning tasks using data from privacy-sensitive sellers. Since the data is private, we design a data market that incentivizes sellers to provide their data in exchange for payments. Therefore our…

Machine Learning · Computer Science 2024-10-18 Ameya Anjarlekar , Rasoul Etesami , R. Srikant

Fraud detection and prevention play an important part in ensuring the sustained operation of any e-commerce business. Machine learning (ML) often plays an important role in these anti-fraud operations, but the organizational context in…

One of the impediments to the efficiency of information markets is the inherent information asymmetry present in them, exacerbated by the "buyer's inspection paradox" (the buyer cannot mitigate the asymmetry by "inspecting" the information,…

Computer Science and Game Theory · Computer Science 2026-04-13 Abhimanyu Pallavi Sudhir , Long Tran-Thanh

In many cases, assessing the quality of goods is hard. For example, when purchasing a car, it is hard to measure how pollutant the car is since there are infinitely many driving conditions to be tested. Typically, these situations are…

Computer Science and Game Theory · Computer Science 2018-10-05 Stav Buchsbaum , Ran Gilad-Bachrach , Yehuda Lindell

In this work, we propose information laundering, a novel framework for enhancing model privacy. Unlike data privacy that concerns the protection of raw data information, model privacy aims to protect an already-learned model that is to be…

Cryptography and Security · Computer Science 2020-09-16 Xinran Wang , Yu Xiang , Jun Gao , Jie Ding

Extensive research on formal verification of machine learning (ML) systems indicates that learning from data alone often fails to capture underlying background knowledge. A variety of verifiers have been developed to ensure that a…

Logic in Computer Science · Computer Science 2023-11-17 Thomas Flinkow , Barak A. Pearlmutter , Rosemary Monahan

We study the role of contextual information in the online learning problem of brokerage between traders. In this sequential problem, at each time step, two traders arrive with secret valuations about an asset they wish to trade. The learner…

Computational Finance · Quantitative Finance 2026-02-20 François Bachoc , Tommaso Cesari , Roberto Colomboni

In this paper, we present VerifyML, the first secure inference framework to check the fairness degree of a given Machine learning (ML) model. VerifyML is generic and is immune to any obstruction by the malicious model holder during the…

Cryptography and Security · Computer Science 2022-10-18 Guowen Xu , Xingshuo Han , Gelei Deng , Tianwei Zhang , Shengmin Xu , Jianting Ning , Anjia Yang , Hongwei Li

This work addresses the buyer's inspection paradox for information markets. The paradox is that buyers need to access information to determine its value, while sellers need to limit access to prevent theft. To study this, we introduce an…

Artificial Intelligence · Computer Science 2024-03-22 Nasim Rahaman , Martin Weiss , Manuel Wüthrich , Yoshua Bengio , Li Erran Li , Chris Pal , Bernhard Schölkopf

The recent success of machine learning (ML) has been fueled by the increasing availability of computing power and large amounts of data in many different applications. However, the trustworthiness of the resulting models can be compromised…

Cryptography and Security · Computer Science 2024-03-11 Antonio Emanuele Cinà , Kathrin Grosse , Ambra Demontis , Battista Biggio , Fabio Roli , Marcello Pelillo

The success of machine learning (ML) has been accompanied by increased concerns about its trustworthiness. Several jurisdictions are preparing ML regulatory frameworks. One such concern is ensuring that model training data has desirable…

Cryptography and Security · Computer Science 2024-04-10 Vasisht Duddu , Anudeep Das , Nora Khayata , Hossein Yalame , Thomas Schneider , N. Asokan

The privacy of machine learning models has become a significant concern in many emerging Machine-Learning-as-a-Service applications, where prediction services based on well-trained models are offered to users via pay-per-query. The lack of…

Machine Learning · Computer Science 2022-06-24 Xun Xian , Mingyi Hong , Jie Ding

The use of machine learning (ML) has become increasingly prevalent in various domains, highlighting the importance of understanding and ensuring its safety. One pressing concern is the vulnerability of ML applications to model stealing…

Machine Learning · Computer Science 2026-04-07 Ganghua Wang , Yuhong Yang , Jie Ding

We study the algorithmic problem faced by an information holder (seller) who wants to optimally sell such information to a budged-constrained decision maker (buyer) that has to undertake some action. Differently from previous, we consider…

Computer Science and Game Theory · Computer Science 2023-02-01 Matteo Castiglioni , Francesco Bacchiocchi , Alberto Marchesi , Giulia Romano , Nicola Gatti

Machine learning is increasingly used in the most diverse applications and domains, whether in healthcare, to predict pathologies, or in the financial sector to detect fraud. One of the linchpins for efficiency and accuracy in machine…

Machine Learning · Computer Science 2022-01-17 Tânia Carvalho , Nuno Moniz , Pedro Faria , Luís Antunes