Study: When allocating scarce resources with AI, randomization can improve fairness
Density of Predictions by Point Estimate pˆ(xi) & Uncertainty Metric (Darker Colors=Higher Density). Credit: arXiv (2024). DOI: 10.48550/arxiv.2404.08592 Organizations are increasingly utilizing machine-learning models to allocate scarce resources or opportunities. For instance, such models can help companies screen resumes to...