Search Results for author: Runshan Fu

Found 2 papers, 0 papers with code

Model Mis-specification and Algorithmic Bias

no code implementations31 May 2021 Runshan Fu, Yangfan Liang, Peter Zhang

We show that even with unbiased input data, when a model is mis-specified: (1) population-level mean prediction error can still be negligible, but group-level mean prediction errors can be large; (2) such errors are not equal across groups; and (3) the difference between errors, i. e., bias, can take the worst-case realization.

Crowd, Lending, Machine, and Bias

no code implementations20 Jul 2020 Runshan Fu, Yan Huang, Param Vir Singh

We then use the machine to make investment decisions, and find that the machine benefits not only the lenders but also the borrowers.

Fairness

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