Questioning the ability of feature-based explanations to empower non-experts in robo-advised financial decision-making

Author:

Bertrand Astrid1ORCID,Eagan James R.1ORCID,Maxwell Winston2ORCID

Affiliation:

1. LTCI, Télécom Paris, Institut Polytechnique de Paris, France

2. i3, CNRS, Télécom Paris, Institut Polytechnique de Paris, France

Funder

Agence Nationale de la Recherche

Publisher

ACM

Reference53 articles.

1. Ramnath Balasubramanian , Ari Chester , and Nick Milinkovich . 2020. Rewriting the rules: Digital and AI-powered underwriting in life insurance. Consultancy Report . McKinsey & Company . https://www.mckinsey.com/industries/financial-services/our-insights/rewriting-the-rules-digital-and-ai-powered-underwriting-in-life-insurance Ramnath Balasubramanian, Ari Chester, and Nick Milinkovich. 2020. Rewriting the rules: Digital and AI-powered underwriting in life insurance. Consultancy Report. McKinsey & Company. https://www.mckinsey.com/industries/financial-services/our-insights/rewriting-the-rules-digital-and-ai-powered-underwriting-in-life-insurance

2. The role of domain expertise in trusting and following explainable AI decision support systems

3. Astrid Bertrand , Rafik Belloum , James R. Eagan , and Winston Maxwell . 2022 . How Cognitive Biases Affect XAI-assisted Decision-making: A Systematic Review . In Proceedings of the 2022 AAAI/ACM Conference on AI, Ethics, and Society(AIES ’22) . Association for Computing Machinery, New York, NY, USA, 78–91. https://doi.org/10.1145/3514094.3534164 10.1145/3514094.3534164 Astrid Bertrand, Rafik Belloum, James R. Eagan, and Winston Maxwell. 2022. How Cognitive Biases Affect XAI-assisted Decision-making: A Systematic Review. In Proceedings of the 2022 AAAI/ACM Conference on AI, Ethics, and Society(AIES ’22). Association for Computing Machinery, New York, NY, USA, 78–91. https://doi.org/10.1145/3514094.3534164

4. Astrid Bertrand , Winston Maxwell , and Xavier Vamparys . 2021. Do AI-based anti-money laundering (AML) systems violate European fundamental rights?International Data Privacy Law (April 2021 ). https://doi.org/10.1093/idpl/ipab010 10.1093/idpl Astrid Bertrand, Winston Maxwell, and Xavier Vamparys. 2021. Do AI-based anti-money laundering (AML) systems violate European fundamental rights?International Data Privacy Law (April 2021). https://doi.org/10.1093/idpl/ipab010

5. Legal requirements on explainability in machine learning

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