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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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48 results for stakeholder participation

Community-based system dynamics improves ML fairness by involving excluded stakeholders.

problem Bias in ML system development during problem formulation.
method Community-based system dynamics (CBSD) for stakeholder participation.
result CBSD facilitates deeper problem understanding and bias mitigation.

EXAGREE selects a stakeholder-aligned model to reduce conflicting explanations in machine learning.

problem Conflicting explanations from different attribution methods limit the adoption of machine learning models in safety-critical domains.
method EXAGREE is a two-stage framework that selects a Stakeholder-Aligned Explanation Model (SAEM) from a set of similar-performing models, maximizing Stakeholder-Machine Agreement (SMA).
result EXAGREE achieves simultaneous gains in faithfulness, plausibility, and fairness over baselines while preserving task accuracy.

NFTs raise concerns like scams, racism, and sexism; centralization vs decentralization debate.

problem Concerns and value judgments of stakeholders in NFT market.
method Mixed quantitative and qualitative methods: social media analysis and interviews.
result Identified financial scams, counterfeit NFTs, hacking, and unethical NFTs as major issues.

Proposes measuring fairness through multiple stakeholder-curated stress tests.

problem Limited power of rigid fairness metrics and lack of stakeholder involvement in fairness discussions.
method Shift focus from fairness metrics to stress tests curated by stakeholders.
result Machine's performance under multiple stress tests reflects fairness.

Managers of US National Forests must decide what policy to apply for dealing with lightning-caused wildfires. Conflicts among stakeholders (e.g., timber companies, home owners, and wildlife biologists) have often led to spirited political debates and even violent eco-terrorism. One way to transform these conflicts into…

2017-03-28abs ↗pdf ↗

Today, the prominence of data science within organizations has given rise to teams of data science workers collaborating on extracting insights from data, as opposed to individual data scientists working alone. However, we still lack a deep understanding of how data science workers collaborate in practice. In this work…

2020-01-18abs ↗pdf ↗

Sample-Rank simplifies MO recommendations by sampling and ranking, improving revenue with stable conversion rates.

problem Multi-objective recommendations in online food ordering systems.
method Multi-goal sampling followed by ranking, reducing MO problem to LTR model.
result Significant lift in revenue (2.64%) with stable conversion rates, no drop in last-mile traversal.

Calls to arms to build interpretable models express a well-founded discomfort with machine learning. Should a software agent that does not even know what a loan is decide who qualifies for one? Indeed, we ought to be cautious about injecting machine learning (or anything else, for that matter) into applications where t…

2017-11-20abs ↗pdf ↗

Explainable machine learning offers the potential to provide stakeholders with insights into model behavior by using various methods such as feature importance scores, counterfactual explanations, or influential training data. Yet there is little understanding of how organizations use these methods in practice. This st…

2019-09-13abs ↗pdf ↗

Decision support systems (e.g., for ecological conservation) and autonomous systems (e.g., adaptive controllers in smart cities) start to be deployed in real applications. Although their operations often impact many users or stakeholders, no fairness consideration is generally taken into account in their design, which …

2019-07-24abs ↗pdf ↗

Proposes a method to infer the distributional impacts of predictive models on stakeholders.

problem The influence of predictive models on target variable distribution, leading to performative prediction.
method Modeling agents' responses as a cost-adjusted utility maximization problem and using optimal transport to align pre- and post-model distributions.
result Provides estimates for the cost associated with these responses and demonstrates the quality of these estimates.

Models assess how USDA orange production forecasts impact FCOJ market decisions.

problem High volatility in FCOJ futures due to limited U.S. orange production.
method Developed models to assess the impact of USDA October orange production forecasts on FCOJ market participants.
result Probabilistic forecasts of USDA production forecast error can reduce FCOJ price volatility.

Interpretable AI model boosts investment confidence and profitability.

problem Challenges in financial forecasting and interpretability in decision-making models.
method SHAP-based explainability technique for interpretable AI models.
result Notable enhancement in investor's portfolio value.

This paper introduces STAP to measure DEX efficiency and shows better routing algorithms increase DEX performance and stakeholder benefits.

problem Measuring and improving the efficiency of decentralized exchanges (DEXs).
method Introduces STAP as a measure of DEX efficiency and compares two routing algorithms.
result Better routing algorithms improve DEX efficiency and stakeholder benefits.

Optimizes capital structure for life insurance companies with surplus participation.

problem Determining the optimal participation rate in life insurance contracts.
method Adapted Leland's dynamic capital structure model to life insurance context.
result Optimal participation rate is highly sensitive to contract duration and tax rate.

The paper uncovers two key laws of market impact influenced by volume and participation rate.

problem Understanding the roles of volume and participation rate in market price response.
method Extending the no arbitrage approach to include sophisticated market participants, deriving price dynamics from order flow dynamics.
result Recovery of two square root laws governing market impact.

Study uses VC correlation to uncover directional financial relationships.

problem Understanding causal relationships between financial variables.
method Volatility constrained correlation (VC correlation) method.
result Operating income is most influential, while market capitalization and revenue are most susceptible.

Financial decisions impact our lives, and thus everyone from the regulator to the consumer is interested in fair, sound, and explainable decisions. There is increasing competitive desire and regulatory incentive to deploy AI mindfully within financial services. An important mechanism towards that end is to explain AI d…

2019-06-24abs ↗pdf ↗

Federated learning (FL) is a privacy-preserving paradigm for training collective machine learning models with locally stored data from multiple participants. Vertical federated learning (VFL) deals with the case where participants sharing the same sample ID space but having different feature spaces, while label informa…

2020-01-30abs ↗pdf ↗

Improved NTL detection using human-in-the-loop approach with explainability.

problem Challenges in detecting NTL due to biased data and black-box models.
method Human-in-the-loop approach with explanatory methods to guide model training.
result Improved accuracy, interpretability, robustness, and flexibility of the prediction model.

FedAMD framework improves federated learning with partial client participation.

problem Data heterogeneity and inactive client updates in partial client participation.
method Anchor sampling divides clients into anchor and miner groups, using large and small batches respectively.
result FedAMD achieves faster convergence and improved model performance compared to state-of-the-art methods.

Study reveals dynamic causal relationships between Ethereum transaction fees and economic subsystems.

problem Historical gas fee volatility caused economic disequilibria and stakeholder challenges.
method Time-varying Granger causality analysis using data on active wallets and transaction volume.
result Dynamic bidirectional causal relationships between transaction fees and economic subsystems across Ethereum.

Paper tackles unknown participation in FL, proposing FedAU for better performance.

problem Unknown participation statistics in federated learning impact performance.
method Adapting aggregation weights in FedAvg based on participation history.
result FedAU converges to optimal solution and has desirable properties.

The purpose of this article is to introduce, analyze and compare two performance participation methods based on a portfolio consisting of two risky assets: Option-Based Performance Participation (OBPP) and Constant Proportion Performance Participation (CPPP). By generalizing the provided guarantee to a participation in…

2013-02-21abs ↗pdf ↗

Extended model ensures long-term survival of traders in limited stock market participation.

problem Limited stock market participation and survival of traders over long periods.
method Extended Basak and Cuoco (1998) model with different time-preference coefficients.
result Parameter restrictions ensure long-term survival of traders.

Data poisoning attacks can severely degrade FL models, especially targeting specific classes.

problem Data poisoning attacks against federated learning systems.
method Demonstrated targeted attacks on FL systems, analyzed attack longevity, and proposed a defense strategy.
result Data poisoning attacks can cause substantial drops in classification accuracy and recall with a small percentage of malicious participants.

In the Pioneer 100 (P100) Wellness Project (Price and others, 2017), multiple types of data are collected on a single set of healthy participants at multiple timepoints in order to characterize and optimize wellness. One way to do this is to identify clusters, or subgroups, among the participants, and then to tailor pe…

2019-01-12abs ↗pdf ↗

Neuroimaging studies produce gigabytes of spatio-temporal data for a small number of participants and stimuli. Rarely do researchers attempt to model and examine how individual participants vary from each other -- a question that should be addressable even in small samples given the right statistical tools. We propose …

2019-06-21abs ↗pdf ↗

Federated learning leaks participant dataset quality even with secure aggregation.

problem Leakage of participant dataset quality in federated learning with secure aggregation.
method Image recognition experiments to infer and attribute dataset quality.
result Relative quality ordering of participants can be inferred and used for various purposes.

A new federated learning framework ensures fairness and robustness.

problem Collaborative fairness and adversarial robustness in federated learning.
method RFFL framework with a reputation mechanism to identify and remove non-contributing or malicious participants.
result RFFL achieves high fairness and robustness to different types of adversaries.

Artemis framework improves distributed learning with bidirectional compression and partial participation.

problem Learning in distributed or federated settings with communication constraints and device partial participation.
method Artemis framework using bidirectional compression, memory mechanism, and Polyak-Ruppert averaging.
result Fast rates of convergence (linear up to a threshold) under weak assumptions on stochastic gradients.

Federated learning enables the creation of a powerful centralized model without compromising data privacy of multiple participants. While successful, it does not incorporate the case where each participant independently designs its own model. Due to intellectual property concerns and heterogeneous nature of tasks and d…

2019-10-08abs ↗pdf ↗

ADRL improves participant selection in MCS systems.

problem Designing a participant selection algorithm for different MCS systems with multiple goals.
method Auxiliary-task based deep reinforcement learning (ADRL) using transformers and pointer networks.
result ADRL outperforms other baselines in various MCS settings.