Ethical Risks of Exclusionary, Biased, and Erroneous Financial Data

Machine Learning in Finance – Cautionary Tales I

A Post on Finance and Society, Quantitative Finance, and Financial Economics

Data Risks

Ethical risks in financial data as it pertains to machine learning are mostly limited to (1) the exclusion of certain sub-groups from the training dataset, (2) the biased nature of data in the training set, and more generally (3) erroneous training data.

Exclusionary

An…