Differential Parity: Relative Fairness Between Two Sets of Decisions

ArXi:2112.11279v4 Announce Type: replace With AI systems widely applied to assist humans in decision-making processes such as talent hiring, school admission, and loan approval; there is an increasing need to ensure that the decisions made are fair. One major challenge for analyzing fairness in decisions is that the standards are highly subjective and contextual -- there is no consensus for what absolute fairness means for every scenario. That is not to say that different fairness standards often conflict with each other.