Informational richness and its impact on algorithmic fairness: Informational richness and its impact on algorithmic...: M. Di Bello, R. Gong.

The literature on algorithmic fairness has examined exogenous sources of biases such as shortcomings in the data and structural injustices in society. It has also examined internal sources of bias as evidenced by a number of impossibility theorems showing that no algorithm can concurrently satisfy m...

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Publicado en:Philosophical Studies Vol. 182; no. 1; pp. 25 - 54
Autores principales: Di Bello, Marcello, Gong, Ruobin
Formato: Artículo
Publicado: Springer Nature Jan2025
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: Springer Nature
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        10.1007/s11098-023-02004-7
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        atl: Informational richness and its impact on algorithmic fairness: Informational richness and its impact on algorithmic...: M. Di Bello, R. Gong.
      aug:
        au:
          Di Bello, Marcello
          Gong, Ruobin
        affil:
          https://ror.org/03efmqc40 School of Historical, Philosophical and Religious Studies, Arizona State University, 975 S. Myrtle Ave, 85287, Tempe, AZ, USA
          https://ror.org/05vt9qd57 Department of Statistics, Rutgers University, 110 Frelinghuysen Road, Hill Center 404, 08854, Piscataway, NJ, USA
      su:
        Algorithms
        Computer simulation
        Fairness
        Centrality
        Philosophy
      sug:
        subj:
          Algorithms
          Computer simulation
          Fairness
          Centrality
          Philosophy
      keyword:
        Algorithmic fairness
        Bias-variance trade off
        Classification parity
        Conscientiousness
        Impossibility theorems
        Informational richness
        Predictive parity
      ab: The literature on algorithmic fairness has examined exogenous sources of biases such as shortcomings in the data and structural injustices in society. It has also examined internal sources of bias as evidenced by a number of impossibility theorems showing that no algorithm can concurrently satisfy multiple criteria of fairness. This paper contributes to the literature stemming from the impossibility theorems by examining how informational richness affects the accuracy and fairness of predictive algorithms. With the aid of a computer simulation, we show that informational richness is the engine that drives improvements in the performance of a predictive algorithm, in terms of both accuracy and fairness. The centrality of informational richness suggests that classification parity, a popular criterion of algorithmic fairness, should be given relatively little weight. But we caution that the centrality of informational richness should be taken with a grain of salt in light of practical limitations, in particular, the so-called bias-variance trade off.
      pubtype: Academic Journal
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      src: R
    language: English
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      custom: Philosophical Studies is a copyright of Springer, 2025. All Rights Reserved.
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