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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/10012040091
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/10012455502
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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
A recent normative turn in computer science has brought concerns about fairness, bias, and accountability to the core of the field. Yet recent scholarship has warned that much of this technical work treats problematic features of the status quo as fixed, and fails to address deeper patterns of...
Persistent link: https://www.econbiz.de/10014032497
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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
Persistent link: https://www.econbiz.de/10013186844
In a wide range of markets, individual buyers and sellers trade through intermediaries, who determine prices via strategic considerations. Typically, not all buyers and sellers have access to the same intermediaries, and they trade at correspondingly different prices that reflect their relative...
Persistent link: https://www.econbiz.de/10005066746
We present a new model for reasoning about the way information is shared among friends in a social network and the resulting ways in which the social network fragments. Our model formalizes the intuition that revealing personal information in social settings involves a trade-off between the...
Persistent link: https://www.econbiz.de/10011049729