Most definitions of algorithmic bias and fairness encode decisionmaker interests, such as profits, rather than the … interests of disadvantaged groups (e.g., racial minorities): Bias is defined as a deviation from profit maximization. Future … slippages between statistical notions of bias and misclassification errors, economic notions of profit, and normative notions of …

Predictive AI is increasingly used to guide decisions on agents. I show that even a bias-neutral predictive AI can … potentially amplify exogenous (human) bias in settings where the predictive AI represents a cost-adjusted precision gain to … belief updating, expected victims of bias become less likely to be saved by randomness under more precise predictions. An …

The vast majority of existing studies that estimate the average unexplained gender pay gap use unnecessarily … unexplained gender pay gap. We study the sensitivity of the estimates with regard to i) the availability of observationally … factors matter greatly. Blinder-Oaxaca estimates of the unexplained gender pay gap decline by up to 39% when we enforce …

This paper analyses gender differences in pay at the mean as well as along the wage distribution. Using data from the … German Socio-Economic Panel, we estimate the adjusted gender pay gap applying a machine learning method (post … wage distribution. This insight suggests that more exible specifications are needed to estimate gender differences in pay …

The vast majority of existing studies that estimate the average unexplained gender pay gap use unnecessarily … unexplained gender pay gap. We study the sensitivity of the estimates with regard to i) the availability of observationally … three factors matter greatly. Blinder-Oaxaca estimates of the unexplained gender pay gap decline by up to 39% when we …

The vast majority of existing studies that estimate the average unexplained gender pay gap use unnecessarily … unexplained gender pay gap. We study the sensitivity of the estimates with regard to i) the availability of observationally … factors matter greatly. Blinder-Oaxaca estimates of the unexplained gender pay gap decline by up to 39% when we enforce …