The rise of algorithmic decision-making has spawned much research on fair machine learning (ML). Financial institutions use ML for building risk scorecards that support a range of credit-related decisions. Yet, the literature on fair ML in credit scoring is scarce. The paper makes two contributions. First, we provide a systematic overview of algorithmic options for incorporating fairness goals in the ML model development pipeline. In this scope, we also consolidate the space of statistical fairness criteria and examine their adequacy for credit scoring. Second, we perform an empirical study of different fairness processors in a profit-oriented credit scoring setup using seven real-world data sets. The empirical results substantiate the evaluation of fairness measures, identify more and less suitable options to implement fair credit scoring, and clarify the profit-fairness trade-off in lending decisions. Specifically, we find that multiple fairness criteria can be approximately satisfied at once and identify separation as a proper criterion for measuring the fairness of a scorecard. We also find fair in-processors to deliver a good balance between profit and fairness. More generally, we show that algorithmic discrimination can be reduced to a reasonable level at a relatively low cost.

Quantification represents the problem of predicting class distributions in a given target set. It also represents a growing research field in supervised machine learning, for which a large variety of different algorithms has been proposed in recent years. However, a comprehensive empirical comparison of quantification methods that supports algorithm selection is not available yet. In this work, we close this research gap by conducting a thorough empirical performance comparison of 24 different quantification methods. To consider a broad range of different scenarios for binary as well as multiclass quantification settings, we carried out almost 3 million experimental runs on 40 data sets. We observe that no single algorithm generally outperforms all competitors, but identify a group of methods including the Median Sweep and the DyS framework that perform significantly better in binary settings. For the multiclass setting, we observe that a different, broad group of algorithms yields good performance, including the Generalized Probabilistic Adjusted Count, the readme method, the energy distance minimization method, the EM algorithm for quantification, and Friedman's method. More generally, we find that the performance on multiclass quantification is inferior to the results obtained in the binary setting. Our results can guide practitioners who intend to apply quantification algorithms and help researchers to identify opportunities for future research.

In this paper we propose a novel approach to realize forecast verification. Specifically, we introduce a strategy for assessing the severity of forecast errors based on the evidence that, on the one hand, a false alarm just anticipating an occurring event is better than one in the middle of consecutive non-occurring events, and that, on the other hand, a miss of an isolated event has a worse impact than a miss of a single event, which is part of several consecutive occurrences. Relying on this idea, we introduce a novel definition of confusion matrix and skill scores giving greater importance to the value of the prediction rather than to its quality. Then, we introduce a deep ensemble learning procedure for binary classification, in which the probabilistic outcomes of a neural network are clustered via optimization of these value-weighted skill scores. We finally show the performances of this approach in the case of three applications concerned with pollution, space weather and stock prize forecasting.

The next section talks about the intersection over union (IoU) which is how an object detection generates the prediction scores.

Label-imbalanced and group-sensitive classification seeks to appropriately modify standard training algorithms to optimize relevant metrics such as balanced error and/or equal opportunity. For label imbalances, recent works have proposed a logit-adjusted loss modification to standard empirical risk minimization. We show that this might be ineffective in general and, in particular so, in the overparameterized regime where training continues in the zero training-error regime. Specifically for binary linear classification of a separable dataset, we show that the modified loss converges to the max-margin SVM classifier despite the logit adjustment. Instead, we propose a more general vector-scaling loss that directly relates to the cost-sensitive SVM (CS-SVM), thus favoring larger margin to the minority class. Through an insightful sharp asymptotic analysis for a Gaussian-mixtures data model, we demonstrate the efficacy of CS-SVM in balancing the errors of the minority/majority classes. Our analysis also leads to a simple strategy for optimally tuning the involved margin-ratio parameter. Then, we show how our results extend naturally to binary classification with sensitive groups, thus treating the two common types of imbalances (label/group) in a unifying way. We corroborate our theoretical findings with numerical experiments on both synthetic and real-world datasets.

Sequential matching using hand-crafted heuristics has been standard practice in route-based place recognition for enhancing pairwise similarity results for nearly a decade. However, precision-recall performance of these algorithms dramatically degrades when searching on short temporal window (TW) lengths, while demanding high compute and storage costs on large robotic datasets for autonomous navigation research. Here, influenced by biological systems that robustly navigate spacetime scales even without vision, we develop a joint visual and positional representation learning technique, via a sequential process, and design a learning-based CNN+LSTM architecture, trainable via backpropagation through time, for viewpoint- and appearance-invariant place recognition. Our approach, Sequential Place Learning (SPL), is based on a CNN function that visually encodes an environment from a single traversal, thus reducing storage capacity, while an LSTM temporally fuses each visual embedding with corresponding positional data -- obtained from any source of motion estimation -- for direct sequential inference. Contrary to classical two-stage pipelines, e.g., match-then-temporally-filter, our network directly eliminates false-positive rates while jointly learning sequence matching from a single monocular image sequence, even using short TWs. Hence, we demonstrate that our model outperforms 15 classical methods while setting new state-of-the-art performance standards on 4 challenging benchmark datasets, where one of them can be considered solved with recall rates of 100% at 100% precision, correctly matching all places under extreme sunlight-darkness changes. In addition, we show that SPL can be up to 70x faster to deploy than classical methods on a 729 km route comprising 35,768 consecutive frames. Extensive experiments demonstrate the... Baseline code available at https://github.com/mchancan/deepseqslam

OBJECTIVES: Childhood blindness from retinopathy of prematurity (ROP) is increasing as a result of improvements in neonatal care worldwide. We evaluate the effectiveness of artificial intelligence (AI)-based screening in an Indian ROP telemedicine program and whether differences in ROP severity between neonatal care units (NCUs) identified by using AI are related to differences in oxygen-titrating capability. All images were assigned an ROP severity score (1-9) by using the Imaging and Informatics in Retinopathy of Prematurity Deep Learning system. We calculated the area under the receiver operating characteristic curve and sensitivity and specificity for treatment-requiring retinopathy of prematurity. Using multivariable linear regression, we evaluated the mean and median ROP severity in each NCU as a function of mean birth weight, gestational age, and the presence of oxygen blenders and pulse oxygenation monitors.

Sometimes the best model is the simplest. The model with minimal manipulation yielded the highest recall score of 0.95. After feature selection and hyperparameter tuning, recall decreased to 0.79. Overfitting means the model is strong at predicting the data on which it was trained, but weak at generalizing to unseen data. The validation score is similar to the test score, so we know it's performing similarly on completely unseen.

We propose a geometry-based grasping method for vine tomatoes. It relies on a computer-vision pipeline to identify the required geometric features of the tomatoes and of the truss stem. The grasping method then uses a geometric model of the robotic hand and the truss to determine a suitable grasping location on the stem. This approach allows for grasping tomato trusses without requiring delicate contact sensors or complex mechanistic models and under minimal risk of damaging the tomatoes. Lab experiments were conducted to validate the proposed methods, using an RGB-D camera and a low-cost robotic manipulator. The success rate was 83% to 92%, depending on the type of truss.

Strong empirical evidence that one machine-learning algorithm A outperforms another one B ideally calls for multiple trials optimizing the learning pipeline over sources of variation such as data sampling, data augmentation, parameter initialization, and hyperparameters choices. This is prohibitively expensive, and corners are cut to reach conclusions. We model the whole benchmarking process, revealing that variance due to data sampling, parameter initialization and hyperparameter choice impact markedly the results. We analyze the predominant comparison methods used today in the light of this variance. We show a counter-intuitive result that adding more sources of variation to an imperfect estimator approaches better the ideal estimator at a 51 times reduction in compute cost. Building on these results, we study the error rate of detecting improvements, on five different deep-learning tasks/architectures. This study leads us to propose recommendations for performance comparisons.