arXiv Machine Learning By Tianhe Zhang, Xiguang Liu, Peng Shi

{\alpha}-Fair Insurance Pricing: A Fairness Continuum

Read the original on arXiv Machine Learning →

arXiv:2606. 14898v1 Announce Type: new Abstract: Fairness in insurance pricing remains a long-standing and deeply debated puzzle.

Machine-generated by The Flow from the publisher's headline and feed description — not written or checked by a human. The full article lives at arXiv Machine Learning.

arXiv AI
6d ago

Dynamic Welfare-Maximizing Pooled Testing

The paper studies a budget‑constrained welfare problem for pooled testing, where agents have heterogeneous utilities and independent probabilities of being healthy. It proves that an optimal dynamic testing policy can achieve at most twice the welfare of the best static overlapping allocation, regardless of population, budget, or pool‑size limit. The authors also identify cases where adaptivity offers no benefit, show that re‑pooling after positive tests is necessary for strict gains, and provide approximation guarantees for greedy algorithms.

By Edwin Lock, Nicholas Lopez, Francisco Marmolejo-Coss\'io, Jose Roberto Tello Ayala, David C. Parkes