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来源类型Working Paper
规范类型报告
DOI10.3386/w27111
来源IDWorking Paper 27111
An Economic Approach to Regulating Algorithms
Ashesh Rambachan; Jon Kleinberg; Sendhil Mullainathan; Jens Ludwig
发表日期2020-05-11
出版年2020
语种英语
摘要There is growing concern about "algorithmic bias" - that predictive algorithms used in decision-making might bake in or exacerbate discrimination in society. We argue that such concerns are naturally addressed using the tools of welfare economics. This approach overturns prevailing wisdom about the remedies for algorithmic bias. First, when a social planner builds the algorithm herself, her equity preference has no effect on the training procedure. So long as the data, however biased, contain signal, they will be used and the learning algorithm will be the same. Equity preferences alone provide no reason to alter how information is extracted from data - only how that information enters decision-making. Second, when private (possibly discriminatory) actors are the ones building algorithms, optimal regulation involves algorithmic disclosure but otherwise no restriction on training procedures. Under such disclosure, the use of algorithms strictly reduces the extent of discrimination relative to a world in which humans make all the decisions.
主题Econometrics ; Estimation Methods ; Microeconomics ; Welfare and Collective Choice ; Labor Economics ; Labor Discrimination ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w27111
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584784
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GB/T 7714
Ashesh Rambachan,Jon Kleinberg,Sendhil Mullainathan,et al. An Economic Approach to Regulating Algorithms. 2020.
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