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Understand, Manage, and Prevent Algorithmic Bias
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Table of Contents

Part I: An Introduction to Biases and Algorithms.-

Chapter 1: Introduction.-

Chapter 2: Bias in Human Decision-Making.-

Chapter 3: How Algorithms Debias Decisions.-

Chapter 4: The Model Development Process.-

Chapter 5: Machine Learning in a Nutshell.-

Part II: Where Does Algorithmic Bias Come From?.-

Chapter 6: How Real World Biases Will Be Mirrored by Algorithms.-

Chapter 7: Data Scientists' Biases.-

Chapter 8: How Data Can Introduce Biases.-

Chapter 9: The Stability Bias of Algorithms.-

Chapter 10: Biases Introduced by the Algorithm Itself.-

Chapter 11: Algorithmic Biases and Social Media.-

Part III: What to Do About Algorithmic Bias from a User Perspective.-

Chapter 12: Options for Decision-Making.-

Chapter 13: Assessing the Risk of Algorithmic Bias.-

Chapter 14: How to Use Algorithms Safely.-

Chapter 15: How to Detect Algorithmic Biases.-

Chapter 16: Managerial Strategies for Correcting Algorithmic Bias.-

Chapter 17: How to Generate Unbiased Data.-

Part IV: What to Do About Algorithmic Bias from a Data Scientist's Perspective.-

Chapter 18: The Data Scientist's Role in Overcoming Algorithmic Bias.-

Chapter 19: An X-Ray Exam of Your Data.-

Chapter 20: When to Use Machine Learning.-

Chapter 21: How to Marry Machine Learning with Traditional Methods.-

Chapter 22: How to Prevent Bias in Self-Improving Models.-

Chapter 23: How to Institutionalize Debiasing.-

About the Author

Tobias Baer is a data scientist, psychologist, and top management consultant with over 20 years of experience in risk analytics. Until June 2018, he was Master Expert and Partner at McKinsey & Co., Inc., where he built McKinsey's Risk Advanced Analytics Center of Competence in India in 2004, led the Credit Risk Advanced Analytics Service Line globally, and served clients in over 50 countries on topics such as the development of analytical decision models for credit underwriting, insurance pricing, and tax enforcement, as well as debiasing decisions. Tobias has been pursuing a research agenda around analytics and decision making both at McKinsey (e.g., on debiasing judgmental decisions and on leveraging machine learning to develop highly transparent predictive models) and at University of Cambridge, UK (e.g., the effect of mental fatigue on decision bias).

Tobias holds a PhD in finance from University of Frankfurt, an MPhil in psychology from University of Cambridge, an MA in economics from UWM, and has done undergraduate studies in business administration and law at University of Giessen. He started publishing as a teenager, writing about programming tricks for the Commodore C64 home computer in a German software magazine, and now blogs regularly on his LinkedIn page.

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