Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Safe Policy Learning through Extrapolation: Application to Pre-trial
  Risk Assessment   Algorithmic recommendations and decisions have become ubiquitous in today's
society. Many of these and other data-driven policies, especially in the realm
of public policy, are based on known, deterministic rules to ensure their
transparency and interpretability. For example, algorithmic pre-trial risk
assessments, which serve as our motivating application, provide relatively
simple, deterministic classification scores and recommendations to help judges
make release decisions. How can we use the data based on existing deterministic
policies to learn new and better policies? Unfortunately, prior methods for
policy learning are not applicable because they require existing policies to be
stochastic rather than deterministic. We develop a robust optimization approach
that partially identifies the expected utility of a policy, and then finds an
optimal policy by minimizing the worst-case regret. The resulting policy is
conservative but has a statistical safety guarantee, allowing the policy-maker
to limit the probability of producing a worse outcome than the existing policy.
We extend this approach to common and important settings where humans make
decisions with the aid of algorithmic recommendations. Lastly, we apply the
proposed methodology to a unique field experiment on pre-trial risk assessment
instruments. We derive new classification and recommendation rules that retain
the transparency and interpretability of the existing instrument while
potentially leading to better overall outcomes at a lower cost.

12
The categories of this paper are: nucl-th
36
The categories of this paper are: cmp-lg
29
The categories of this paper are: funct-an
18
The categories of this paper are: econ
24
The categories of this paper are: dg-ga
27
The categories of this paper are: comp-gas
6
The categories of this paper are: astro-ph
32
The categories of this paper are: atom-ph
20
The categories of this paper are: acc-phys
3
The categories of this paper are: physics
2
The categories of this paper are: math
21
The categories of this paper are: adap-org
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The categories of this paper are: solv-int
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The categories of this paper are: ao-sci
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The categories of this paper are: nlin
35
The categories of this paper are: mtrl-th