Related papers: Proportionality Degree in Participatory Budgeting
The paper has 2 main goals: 1. We propose a variant of the CAPM based on coherent risk. 2. In addition to the real-world measure and the risk-neutral measure, we propose the third one: the extreme measure. The introduction of this measure…
We introduce a goal-oriented strategy for multiscale computations performed using the Multiscale Finite Element Method (MsFEM). In a previous work, we have shown how to use, in the MsFEM framework, the concept of Constitutive Relation Error…
Considerations regarding clinical effectiveness and cost are essential in comparing the overall value of two treatments. There has been growing interest in methodology to integrate cost and effectiveness measures in order to inform policy…
How does one allocate a collection of resources to a set of strategic agents in a fair and efficient manner without using money? For in many scenarios it is not feasible to use money to compensate agents for otherwise unsatisfactory…
We present the Multi-vAlue Rule Set (MARS) model for interpretable classification with feature efficient presentations. MARS introduces a more generalized form of association rules that allows multiple values in a condition. Rules of this…
We consider the participatory budgeting problem where each of $n$ voters specifies additive utilities over $m$ candidate projects with given sizes, and the goal is to choose a subset of projects (i.e., a committee) with total size at most…
Several measures of partisan bias are reviewed for single member districts with two dominant parties. These include variants of the simple bias that considers only deviation of seats from 50% at statewide 50% vote. Also included are…
We introduce a causal framework for designing optimal policies that satisfy fairness constraints. We take a pragmatic approach asking what we can do with an action space available to us and only with access to historical data. We propose…
Sequential voting rules have played a crucial role in shaping decisions within parliamentary and legislative frameworks. After observing that the existing sequential rules fail several fundamental axioms, Horan and Sprumont [2022] proposed…
Impossibility results show that important fairness measures (independence, separation, sufficiency) cannot be satisfied at the same time under reasonable assumptions. This paper explores whether we can satisfy and/or improve these fairness…
The concern about hidden discrimination in machine learning models is growing, as their widespread real-world applications increasingly impact human lives. Various techniques, including commonly used group fairness measures and several…
SEMMS (Scalable Empirical-Bayes Model for Marker Selection) is a variable-selection procedure for generalized linear models that uses a three-component normal mixture prior on regression coefficients. In its original form, SEMMS assumes…
We study strategic interaction in data-driven games where players face uncertainty about payoff distributions inferred from finite samples. To model calibrated attitudes toward such uncertainty, we formulate distributionally robust games…
This paper studies the fixed budget formulation of the Ranking and Selection (R&S) problem with independent normal samples, where the goal is to investigate different algorithms' convergence rate in terms of their resulting probability of…
In the late 19th century, Swedish mathematician Lars Edvard Phragm\'{e}n proposed a load-balancing approach for selecting committees based on approval ballots. We consider three committee voting rules resulting from this approach: two…
The goal of this paper is to disentangle the roles of volume and of participation rate in the price response of the market to a sequence of transactions. To do so, we are inspired the methodology introduced in arXiv:1402.1288,…
Admissions systems in many countries struggle to balance merit-based selection with equity objectives. Most existing approaches--categorical quotas, fragmented equity tracks, and opaque adjustments--lack transparent decision rules and…
This paper provides a comprehensive analysis of welfare measures when oligopolistic firms face multiple policy interventions and external changes under general forms of market demands, production costs, and imperfect competition. We present…
We suggest the Doubly Multiplicative Error class of models (DMEM) for modeling and forecasting realized volatility, which combines two components accommodating low-, respectively, high-frequency features in the data. We derive the…
The study of a machine learning problem is in many ways is difficult to separate from the study of the loss function being used. One avenue of inquiry has been to look at these loss functions in terms of their properties as scoring rules…