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We provide a technique for constructing optimal multiattribute screening contracts in a general setting with one-dimensional types based on necessary optimality conditions. Our approach allows for type-dependent participation constraints and arbitrary risk profiles. As an example we discuss...
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Increasingly, algorithms make socially consequential decisions. This makes it crucial to determine when their decisions are discriminatory and how to prevent this outcome. While algorithmic decision-making has proven to be a challenge for traditional anti-discrimination law, there is an...
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setting, humans cannot verify the algorithm's quality. We, therefore, argue that algorithms exhibit traits of a credence good … intervention, we explain the way the algorithm functions. We find that while explanation helps participants recognize bias in the … algorithm, it remarkably decreases human decision-making performance. In the second treatment, we reveal the task's correct …
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setting, humans cannot verify the algorithm's quality. We, therefore, argue that algorithms exhibit traits of a credence good … intervention, we explain the way the algorithm functions. We find that while explanation helps participants recognize bias in the … algorithm, it remarkably decreases human decision-making performance. In the second treatment, we reveal the task's correct …
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