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Persistent link: https://www.econbiz.de/10003897126
Many policies allocate harms or benefits that are uncertain in nature: they produce distributions over the population in which individuals have different probabilities of incurring harm or benefit. Comparing different policies thus involves a comparison of their corresponding probability...
Persistent link: https://www.econbiz.de/10013236668
There is growing concern about "algorithmic bias" - that predictive algorithms used in decision-making might bake in or exacerbate discrimination in society. When will these "biases" arise? What should be done about them? We argue that such questions are naturally answered using the tools of...
Persistent link: https://www.econbiz.de/10012481694
Persistent link: https://www.econbiz.de/10012232688
The traditional axiomatic approach to voting is motivated by the problem of reconciling differences in subjective preferences. In contrast, a dominant line of work in the theory of voting over the past 15 years has considered a different kind of scenario, also fundamental to voting, in which...
Persistent link: https://www.econbiz.de/10014176779
There is growing concern about "algorithmic bias" - that predictive algorithms used in decision-making might bake in or exacerbate discrimination in society. We argue that such concerns are naturally addressed using the tools of welfare economics. This approach overturns prevailing wisdom about...
Persistent link: https://www.econbiz.de/10013307510