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Fair ranking problems arise in many decision-making processes that often necessitate a trade-off between accuracy and fairness. Many existing studies have proposed correction methods such as adding fairness constraints to a ranking model's…

机器学习 · 计算机科学 2022-04-26 Ryosuke Sonoda

Ensuring fairness in transaction fraud detection models is vital due to the potential harms and legal implications of biased decision-making. Despite extensive research on algorithmic fairness, there is a notable gap in the study of bias in…

机器学习 · 计算机科学 2024-09-09 Parameswaran Kamalaruban , Yulu Pi , Stuart Burrell , Eleanor Drage , Piotr Skalski , Jason Wong , David Sutton

A supervised machine learning algorithm determines a model from a learning sample that will be used to predict new observations. To this end, it aggregates individual characteristics of the observations of the learning sample. But this…

计量经济学 · 经济学 2022-02-21 Samuele Centorrino , Jean-Pierre Florens , Jean-Michel Loubes

We consider an optimal trading problem over a finite period of time during which an investor has access to both a standard exchange and a dark pool. We take the exchange to be an order-driven market and propose a continuous-time setup for…

数理金融 · 定量金融 2016-01-13 M. Alessandra Crisafi , Andrea Macrina

We initiate the study of fair classifiers that are robust to perturbations in the training distribution. Despite recent progress, the literature on fairness has largely ignored the design of fair and robust classifiers. In this work, we…

机器学习 · 计算机科学 2020-11-05 Debmalya Mandal , Samuel Deng , Suman Jana , Jeannette M. Wing , Daniel Hsu

The dynamics of financial markets are driven by the interactions between participants, as well as the trading mechanisms and regulatory frameworks that govern these interactions. Decision-makers would rather not ignore the impact of other…

We consider a trading marketplace that is populated by traders with diverse trading strategies and objectives. The marketplace allows the suppliers to list their goods and facilitates matching between buyers and sellers. In return, such a…

计算机科学与博弈论 · 计算机科学 2022-10-03 Kshama Dwarakanath , Svitlana S Vyetrenko , Tucker Balch

We consider the problem of online allocation subject to a long-term fairness penalty. Contrary to existing works, however, we do not assume that the decision-maker observes the protected attributes -- which is often unrealistic in practice.…

机器学习 · 计算机科学 2023-12-05 Mathieu Molina , Nicolas Gast , Patrick Loiseau , Vianney Perchet

In real-world classification settings, such as loan application evaluation or content moderation on online platforms, individuals respond to classifier predictions by strategically updating their features to increase their likelihood of…

计算机与社会 · 计算机科学 2023-09-19 Vijay Keswani , L. Elisa Celis

Algorithmic trading in modern financial markets is widely acknowledged to exhibit strategic, game-theoretic behaviors whose complexity can be difficult to model. A recent series of papers (Chriss, 2024b,c,a, 2025) has made progress in the…

计算机科学与博弈论 · 计算机科学 2025-06-10 Michael Kearns , Mirah Shi

Many ethical issues in machine learning are connected to the training data. Online data markets are an important source of training data, facilitating both production and distribution. Recently, a trend has emerged of for-profit "ethical"…

计算机科学与博弈论 · 计算机科学 2025-02-03 Augustin Chaintreau , Roland Maio , Juba Ziani

Traditional blockchain design gives miners or validators full control over transaction ordering, i.e., they can freely choose which transactions to include or exclude, as well as in which order. While not an issue initially, the emergence…

分布式、并行与集群计算 · 计算机科学 2023-12-19 Andrei Constantinescu , Diana Ghinea , Lioba Heimbach , Zilin Wang , Roger Wattenhofer

In recent years, machine learning algorithms have become ubiquitous in a multitude of high-stakes decision-making applications. The unparalleled ability of machine learning algorithms to learn patterns from data also enables them to…

机器学习 · 计算机科学 2022-07-14 José Pombal , André F. Cruz , João Bravo , Pedro Saleiro , Mário A. T. Figueiredo , Pedro Bizarro

In online bilateral trade, a platform posts prices to incoming pairs of buyers and sellers that have private valuations for a certain good. If the price is lower than the buyers' valuation and higher than the sellers' valuation, then a…

计算机科学与博弈论 · 计算机科学 2024-05-24 François Bachoc , Nicolò Cesa-Bianchi , Tommaso Cesari , Roberto Colomboni

Online trading invariably involves dealings between strangers, so it is important for one party to be able to judge objectively the trustworthiness of the other. In such a setting, the decision to trust a user may sensibly be based on that…

计算机科学中的逻辑 · 计算机科学 2015-05-13 Andreas Bauer , Rajeev Gore , Alwen Tiu

The extensive adoption of business analytics (BA) has brought financial gains and increased efficiencies. However, these advances have simultaneously drawn attention to rising legal and ethical challenges when BA inform decisions with…

人工智能 · 计算机科学 2022-07-25 Maria De-Arteaga , Stefan Feuerriegel , Maytal Saar-Tsechansky

Fairness is an important trait of open, free markets. Ethereum is a platform meant to enable digital, decentralized markets. Though many researchers debate the market's fairness, there are few discussions around the fairness of automated…

密码学与安全 · 计算机科学 2021-02-09 Kentaro Sako , Shin'ichiro Matsuo , Sachin Meier

Predictive algorithms are now used to help distribute a large share of our society's resources and sanctions, such as healthcare, loans, criminal detentions, and tax audits. Under the right circumstances, these algorithms can improve the…

机器学习 · 计算机科学 2023-02-21 Alex Chohlas-Wood , Madison Coots , Sharad Goel , Julian Nyarko

Today's online platforms heavily lean on algorithmic recommendations for bolstering user engagement and driving revenue. However, these recommendations can impact multiple stakeholders simultaneously -- the platform, items (sellers), and…

信息检索 · 计算机科学 2024-05-28 Qinyi Chen , Jason Cheuk Nam Liang , Negin Golrezaei , Djallel Bouneffouf

We consider the impact of fairness requirements on the social efficiency of truthful mechanisms for trade, focusing on Bayesian bilateral-trade settings. Unlike the full information case in which all gains-from-trade can be realized and…

计算机科学与博弈论 · 计算机科学 2025-02-27 Moshe Babaioff , Yiding Feng , Noam Manaker Morag