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arXiv research

A locally-built, LLM-digested index of recent arXiv papers in quant finance, geometry/topology, and statistical ML — keyword search served straight from SQLite on this machine.

168,695 papers · 148 categories

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145290435580 · Jun 202019922001200920172026
48 results for high-stakes applications

Fair active learning selects data points to balance model accuracy and fairness.

problem Ensuring fairness in machine learning models used in high-stakes applications.
method Designing algorithms for fair active learning that select data points to balance model accuracy and fairness, focusing on demographic parity.
result Demonstrated the effectiveness of the proposed fair active learning approach over benchmark datasets.

New framework controls statistical dispersion for high-stakes applications.

problem Understanding and controlling the dispersion of loss distributions in high-stakes applications.
method Simple yet flexible framework for distribution-free control of statistical dispersion measures.
result Proposed methods control statistical dispersion measures with societal implications.

Paper proposes SCQ and P-TAMS for structured OOD testing in high-stakes ML.

problem Difficulty of incorporating auxiliary information in traditional conformal methods.
method Structure-adaptive conformal q-value (SCQ) and pseudo-score-guided transductive automated model selection (P-TAMS).
result Unified framework controls false discovery rate and improves power across diverse settings.

New framework assesses extreme errors in machine learning models.

problem Current validation methods fail to quantify extreme errors in high-stakes domains.
method Uses Extreme Value Theory (EVT) to estimate worst-case failures.
result Establishes EVT as a fundamental tool for assessing model reliability.

This paper introduces a new method for uncertainty quantification in prediction models.

problem Quantifying uncertainty in high-stakes applications like medicine and finance.
method Confidence sets for outcome excursions, focusing on identifying subsets of features where outcomes exceed a threshold.
result Theoretical guarantees for the probability that confidence sets contain the true feature subset, both asymptotically and for finite sample sizes.

Model proposes how regulators should oversee complex algorithms in high-stakes applications.

problem Regulating complex algorithms used in high-stakes applications like lending, testing, and hiring.
method Proposes a model where regulators are limited in learning about complex algorithms with misaligned preferences, and explores different regulatory approaches.
result Complex algorithms can improve welfare, but regulation should focus on the source of incentive misalignment for optimal results.

Machine learning (ML) is increasingly being used in high-stakes applications impacting society. Therefore, it is of critical importance that ML models do not propagate discrimination. Collecting accurate labeled data in societal applications is challenging and costly. Active learning is a promising approach to build an…

2020-01-06abs ↗pdf ↗

Conformal Alignment ensures trustworthy outputs from foundation models.

problem Ensuring outputs from foundation models align with human values in high-stakes tasks.
method A framework that trains an alignment predictor using reference data to select trustworthy outputs.
result Conformal Alignment accurately identifies trustworthy outputs via lightweight training over moderate reference data.

Deep neural networks (DNNs) may outperform human brains in complex tasks, but the lack of transparency in their decision-making processes makes us question whether we could fully trust DNNs with high stakes problems. As DNNs' operations rely on a massive number of both parallel and sequential linear/nonlinear computati…

2019-09-29abs ↗pdf ↗

Neural Additive Models combine neural nets with interpretable models for high stakes tasks.

problem Inability to understand how neural networks make decisions.
method Combines neural nets with generalized additive models to create Neural Additive Models (NAMs).
result NAMs are more accurate than intelligible models and as accurate as state-of-the-art generalized additive models.

ECS evaluates synthetic CXR images' distributional fidelity.

problem Evaluating synthetic CXR images' distributional fidelity under privacy constraints.
method Characteristic function transforms of feature embeddings.
result ECS uncovers clinically relevant distributional discrepancies.

MCD offers a complete model understanding for high-stake decisions.

problem Local model understanding in XAI methods is not sufficient for high-stake decisions.
method MCD extends concept-based methods to ensure global model understanding via multi-dimensional subspaces.
result MCD provides a complete model understanding, ensuring the model reasoning is related to the actual model.

Deep learning is increasingly being used in high-stake decision making applications that affect individual lives. However, deep learning models might exhibit algorithmic discrimination behaviors with respect to protected groups, potentially posing negative impacts on individuals and society. Therefore, fairness in deep…

2019-08-23abs ↗pdf ↗

This work uses conformal prediction to quantify uncertainty in large language models for multiple-choice questions.

problem Ensuring robustness and reliability of large language models in high-stakes applications.
method Conformal prediction applied to multi-choice question answering.
result Uncertainty estimates from conformal prediction are closely related to prediction accuracy.

Amazon SageMaker Model Monitor detects drift in deployed ML models.

problem Ensuring high performance of ML models in production environments.
method Automatically detects data, concept, bias, and feature attribution drift in real-time.
result Maintains high quality models by providing alerts and corrective actions.

Paper develops a new method to improve model calibration under distribution shifts.

problem Challenges in uncertainty quantification with different training and test distributions.
method Develops multi-domain temperature scaling to handle distribution shifts.
result Outperforms existing methods on in-distribution and out-of-distribution test sets.

The paper explores fairness metrics in automated decision-making and their limitations.

problem Discrimination in automated resource allocation decisions.
method Analysis of fairness metrics and distributive justice principles.
result Prominent fairness metrics fail to address egalitarian and sufficiency concerns in resource allocation.

In high-stakes machine learning applications, it is crucial to not only perform well on average, but also when restricted to difficult examples. To address this, we consider the problem of training models in a risk-averse manner. We propose an adaptive sampling algorithm for stochastically optimizing the Conditional Va…

2019-10-28abs ↗pdf ↗

Systematic review of conformal inference for treatment effect estimation.

problem Uncertainty quantification in treatment effect estimation.
method Conformal prediction methods for treatment effect estimation.
result Current state-of-the-art conformal prediction methods identified and described.

Framework for responsible LLM deployment with human involvement and decentralized technologies.

problem Challenges in deploying LLMs for high-stakes decisions, including data security and accountability.
method Interactive human involvement through multiple iterations, decentralized technologies, and automated auditing.
result Enhanced security and accountability in LLM deployment for financial decisions.

AI systems are being deployed to support human decision making in high-stakes domains. In many cases, the human and AI form a team, in which the human makes decisions after reviewing the AI's inferences. A successful partnership requires that the human develops insights into the performance of the AI system, including …

2019-06-04abs ↗pdf ↗

In science and medicine, model interpretations may be reported as discoveries of natural phenomena or used to guide patient treatments. In such high-stakes tasks, false discoveries may lead investigators astray. These applications would therefore benefit from control over the finite-sample error rate of interpretations…

2019-03-29abs ↗pdf ↗

LSCI provides locally adaptive prediction sets for operator models with tighter coverage.

problem Generating robust, calibrated uncertainty quantification for operator models.
method Local Sliced Conformal Inference (LSCI) for operator models.
result LSCI yields tighter prediction sets with stronger adaptivity compared to conformal baselines.

Framework enhances AI explainability by aligning with human cognitive models.

problem Lack of explainability in AI models hinders trust and accountability.
method Integrates explainability techniques with Malle's five category model of behavior explanation.
result Demonstrates practical relevance in credit risk assessment and regulatory analysis.

A statistical test controls false positives in anomaly localization using diffusion models.

problem Uncertainty and bias in generative models for anomaly localization.
method Selective inference to quantify significance and control false positives.
result The method effectively controls false positive detection rates.

Bayesian autoencoders quantify anomaly uncertainty for safer machine learning.

problem Lack of uncertainty quantification in autoencoders for anomaly detection.
method Formulated Bayesian autoencoders to quantify epistemic and aleatoric anomalies.
result Demonstrated effectiveness of BAEs on benchmark and real datasets.

FIT evaluates time series model feature importance quantifying distributional shift.

problem Lack of explanations for time series models in high-stakes applications.
method FIT framework quantifies feature importance based on distributional shift using KL-divergence.
result FIT identifies important time points and observations superiorly compared to baselines.

Study shows group structures are crucial for financial model explanations.

problem Inconsistent explanations from existing explainable machine learning methods.
method Examined group structures in financial datasets and developed group versions of Shapley values.
result Group versions of Shapley values provide consistent explanations.

The performance of a reinforcement learning algorithm can vary drastically during learning because of exploration. Existing algorithms provide little information about the quality of their current policy before executing it, and thus have limited use in high-stakes applications like healthcare. We address this lack of …

2018-11-07abs ↗pdf ↗

FairPOT balances fairness and AUC performance by selectively transforming risk scores.

problem Balancing fairness and AUC performance in high-stakes domains.
method FairPOT uses proportional optimal transport to selectively transform risk scores.
result FairPOT consistently improves fairness with minimal AUC degradation or even positive gains.

ABC improves uncertainty quantification in LLMs for clinical diagnostics.

problem Overconfident and poorly calibrated estimates of LLMs in clinical domains.
method Approximate Bayesian Computation (ABC) for likelihood-free inference.
result Improves accuracy by up to 46.9%, reduces Brier scores by 74.4%, and enhances calibration.

New GP-based method improves uncertainty quantification for causal functions.

problem Challenges in quantifying uncertainty for causal effects, especially for entire functions.
method GP-based approach using inner-product of observational functions in RKHS, with tractable posterior moments and calibration.
result Improves uncertainty quantification while maintaining causal effect estimation performance.