Fairness Utility Trade
Fairness-utility trade-offs in machine learning explore the inherent tension between maximizing a model's predictive accuracy (utility) and ensuring its predictions are fair across different demographic groups. Current research focuses on developing methods to quantify and navigate this trade-off, often employing Pareto efficiency to identify optimal solutions balancing both objectives, and utilizing techniques like reinforcement learning and bi-objective loss functions to achieve this balance. This research is crucial for mitigating algorithmic bias in high-stakes applications, leading to more equitable and trustworthy AI systems across various domains.
Papers
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