Redlining

[Igor Chudov @ home]

Timothy C. May wrote:
> At 5:07 PM -0600 12/11/96, Igor Chudov @ home wrote:
> >Correlation is not an evidence of discrimination, at least to me.
> >
> 
> Nor is it to me. So neither of us will likely object to the neural
> net-based lending programs which feed in a bunch of applicant data points,
> train the net by providing feedback on who repaid their loans and with what
> complications, etc. Even if such nets end up rejecting
> "otherwise-qualified" (a la your other post) applicants in such a way that
> the accept/reject ratios appear strongly correlated with certain
> ethnicities?
> 
> (Another member of the list sent me private e-mail about his experiences
> writing a "scoring program" for a bank making just the kinds of loans we're
> talking about here. He recounted his bank's very real experiences with loan
> paybacks by various ethnic and national groups. Nothing very surprising, to
> me.)

My readings on neural nets made an impression that they are not
necessarily good at all.

	- Igor.