Jing Gao

Tianci Liu, Haoyu Wang, Yaqing Wang et al.

Recent years have witnessed increasing concerns towards unfair decisions made by machine learning algorithms. To improve fairness in model decisions, various fairness notions have been proposed and many fairness-aware methods are developed. However, most of existing definitions and methods focus only on single-label classification. Fairness for multi-label classification, where each instance is associated with more than one labels, is still yet to establish. To fill this gap, we study fairness-aware multi-label classification in this paper. We start by extending Demographic Parity (DP) and Equalized Opportunity (EOp), two popular fairness notions, to multi-label classification scenarios. Through a systematic study, we show that on multi-label data, because of unevenly distributed labels, EOp usually fails to construct a reliable estimate on labels with few instances. We then propose a new framework named Similarity $s$-induced Fairness ($s_γ$-SimFair). This new framework utilizes data that have similar labels when estimating fairness on a particular label group for better stability, and can unify DP and EOp. Theoretical analysis and experimental results on real-world datasets together demonstrate the advantage of over existing methods $s_γ$-SimFair on multi-label classification tasks.

Murray Z. Frank, Jing Gao, Keer Yang

Standard forecast efficiency tests interpret violations as evidence of behavioral bias. We show theoretically and empirically that rational forecasters using optimal regularization systematically violate these tests. Machine learning forecasts show near zero bias at one year horizon, but strong overreaction at two years, consistent with predictions from a model of regularization and measurement noise. We provide three complementary tests: experimental variation in regularization parameters, cross-sectional heterogeneity in firm signal quality, and quasi-experimental evidence from ML adoption around 2013. Technically trained analysts shift sharply toward overreaction post-2013. Our findings suggest reported violations may reflect statistical sophistication rather than cognitive failure.

Junde Wu, Yu Zhang, Rao Fu et al.

Open checkout-free grocery is the grocery store where the customers never have to wait in line to check out. Developing a system like this is not trivial since it faces challenges of recognizing the dynamic and massive flow of people. In particular, a clustering method that can efficiently assign each snapshot to the corresponding customer is essential for the system. In order to address the unique challenges in the open checkout-free grocery, we propose an efficient and effective person clustering method. Specifically, we first propose a Crowded Sub-Graph (CSG) to localize the relationship among massive and continuous data streams. CSG is constructed by the proposed Pick-Link-Weight (PLW) strategy, which \textbf{picks} the nodes based on time-space information, \textbf{links} the nodes via trajectory information, and \textbf{weighs} the links by the proposed von Mises-Fisher (vMF) similarity metric. Then, to ensure that the method adapts to the dynamic and unseen person flow, we propose Graph Convolutional Network (GCN) with a simple Nearest Neighbor (NN) strategy to accurately cluster the instances of CSG. GCN is adopted to project the features into low-dimensional separable space, and NN is able to quickly produce a result in this space upon dynamic person flow. The experimental results show that the proposed method outperforms other alternative algorithms in this scenario. In practice, the whole system has been implemented and deployed in several real-world open checkout-free groceries.