Standard OLS fairness tests for deterministic pricing algorithms use invalid standard errors; corrected estimators reveal that all 34 tested Illinois auto insurers discriminate against minority zip codes.
Why fairness cannot be automated: Bridging the gap between
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The Pareto frontier of fair algorithmic decisions consists of deterministic group-specific threshold rules on predicted success probabilities, which can include upper bounds for some fairness metrics and holds independently of model training approach.
citing papers explorer
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Fairness Testing for Algorithmic Pricing
Standard OLS fairness tests for deterministic pricing algorithms use invalid standard errors; corrected estimators reveal that all 34 tested Illinois auto insurers discriminate against minority zip codes.
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Fairness vs Performance: Characterizing the Pareto Frontier of Algorithmic Decision Systems
The Pareto frontier of fair algorithmic decisions consists of deterministic group-specific threshold rules on predicted success probabilities, which can include upper bounds for some fairness metrics and holds independently of model training approach.