Fairness Performance Trade
Fairness-performance trade-offs in machine learning explore the inherent tension between achieving high predictive accuracy and ensuring equitable outcomes across different demographic groups. Current research focuses on developing algorithms and frameworks to quantify and optimize this trade-off, often employing multi-objective optimization techniques and investigating the interplay between global and local fairness metrics within various model architectures, including federated learning and those addressing causal relationships between sensitive attributes and predictions. This research is crucial for mitigating algorithmic bias and promoting fairness in high-stakes applications like loan applications, healthcare, and criminal justice, ultimately aiming to create more equitable and trustworthy AI systems.