Allocation Requires Prediction Only if Inequality Is Low

التفاصيل البيبلوغرافية
العنوان: Allocation Requires Prediction Only if Inequality Is Low
المؤلفون: Shirali, Ali, Abebe, Rediet, Hardt, Moritz
سنة النشر: 2024
المجموعة: Computer Science
مصطلحات موضوعية: Computer Science - Machine Learning, Computer Science - Computers and Society, Economics - Theoretical Economics
الوصف: Algorithmic predictions are emerging as a promising solution concept for efficiently allocating societal resources. Fueling their use is an underlying assumption that such systems are necessary to identify individuals for interventions. We propose a principled framework for assessing this assumption: Using a simple mathematical model, we evaluate the efficacy of prediction-based allocations in settings where individuals belong to larger units such as hospitals, neighborhoods, or schools. We find that prediction-based allocations outperform baseline methods using aggregate unit-level statistics only when between-unit inequality is low and the intervention budget is high. Our results hold for a wide range of settings for the price of prediction, treatment effect heterogeneity, and unit-level statistics' learnability. Combined, we highlight the potential limits to improving the efficacy of interventions through prediction.
Comment: Appeared in Forty-first International Conference on Machine Learning (ICML), 2024
نوع الوثيقة: Working Paper
URL الوصول: http://arxiv.org/abs/2406.13882
رقم الأكسشن: edsarx.2406.13882
قاعدة البيانات: arXiv