Showing 11 - 20 of 43
Persistent link: https://www.econbiz.de/10011527580
Persistent link: https://www.econbiz.de/10011387472
We examine how machine learning can be used to improve and understand human decision-making. In particular, we focus on a decision that has important policy consequences. Millions of times each year, judges must decide where defendants will await trial—at home or in jail. By law, this decision...
Persistent link: https://www.econbiz.de/10012962719
The law forbids discrimination. But the ambiguity of human decision-making often makes it extraordinarily hard for the legal system to know whether anyone has actually discriminated. To understand how algorithms affect discrimination, we must therefore also understand how they affect the problem...
Persistent link: https://www.econbiz.de/10012893120
The law forbids discrimination. But the ambiguity of human decision-making often makes it extraordinarily hard for the legal system to know whether anyone has actually discriminated. To understand how algorithms affect discrimination, we must therefore also understand how they affect the problem...
Persistent link: https://www.econbiz.de/10012893456
Algorithms are increasingly used to aid, or in some cases supplant, human decision-making, particularly for decisions that hinge on predictions. As a result, two additional features in addition to prediction quality have generated interest: (i) to facilitate human interaction and understanding...
Persistent link: https://www.econbiz.de/10012869933
Algorithms are increasingly used to aid, or in some cases supplant, human decision-making, particularly for decisions that hinge on predictions. As a result, two additional features in addition to prediction quality have generated interest: (i) to facilitate human interaction and understanding...
Persistent link: https://www.econbiz.de/10012870057
To evaluate how well economic models predict behavior it is important to have a measure of how well any theory could be expected to perform. We provide a measure of the amount of predictable variation in the data that a theory captures, which we call its "completeness." We evaluate the...
Persistent link: https://www.econbiz.de/10012853917
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
The law forbids discrimination. But the ambiguity of human decision-making often makes it extraordinarily hard for the legal system to know whether anyone has actually discriminated. To understand how algorithms affect discrimination, we must therefore also understand how they affect the problem...
Persistent link: https://www.econbiz.de/10012479502