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Autore principale: Wu, Di
Natura: Preprint
Pubblicazione: 2024
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Accesso online:https://arxiv.org/abs/2408.15452
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author Wu, Di
author_facet Wu, Di
contents In the context of financial credit risk evaluation, the fairness of machine learning models has become a critical concern, especially given the potential for biased predictions that disproportionately affect certain demographic groups. This study investigates the impact of data preprocessing, with a specific focus on Truncated Singular Value Decomposition (SVD), on the fairness and performance of probability of default models. Using a comprehensive dataset sourced from Kaggle, various preprocessing techniques, including SVD, were applied to assess their effect on model accuracy, discriminatory power, and fairness.
format Preprint
id arxiv_https___arxiv_org_abs_2408_15452
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle The effects of data preprocessing on probability of default model fairness
Wu, Di
Econometrics
In the context of financial credit risk evaluation, the fairness of machine learning models has become a critical concern, especially given the potential for biased predictions that disproportionately affect certain demographic groups. This study investigates the impact of data preprocessing, with a specific focus on Truncated Singular Value Decomposition (SVD), on the fairness and performance of probability of default models. Using a comprehensive dataset sourced from Kaggle, various preprocessing techniques, including SVD, were applied to assess their effect on model accuracy, discriminatory power, and fairness.
title The effects of data preprocessing on probability of default model fairness
topic Econometrics
url https://arxiv.org/abs/2408.15452