im Rahmen des CDSB Research Seminars freuen wir uns Herrn Dr. Kevin Bauer von der Goethe-Universität Frankfurt am Main digital bei uns begrüßen zu dürfen.
Am Mittwoch, den 21.04.2021 von 12:30 bis 13:30 Uhr hat Herr Professor Höhle ihn eingeladen einen Vortrag zum Thema Expl(AI)ned: Explainable Artificial Intelligence and Human Belief Formation zu halten.
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The black-box nature of modern Artificial Intelligence (AI) models has re-energized the debate about providing human-interpretable explanations to remedy trust, accountability, and fairness concerns. This paper focuses on the interplay of human belief formation and machine explanations. In an investment game, we study how local explanations shape people's beliefs about the decision-relevance of information. We find that participants selectively adapt their mental representation of the decision problem according to machine explanations. Participants readily internalize information highlighted as important. By contrast, participants are reluctant to abandon strong priors even when the machine depicts information as irrelevant. We further find that the degree to which machine explanations change human beliefs depends on the strength of priors, trust in the machine's performance, and bayesian rationality. Our results emphasize machine explanations' role for human belief formation and the importance of trust in the machine performance for knowledge transfers from machines to humans.
Since 2020, Kevin Bauer is working as a postdoctoral researcher at the SAFE Leibniz Institute where he is part of the „Digitization of the Financial Industry“-research Group (headed by Prof. Dr. Oliver Hinz). He graduated in Law and Quantitative Economics from the Graduate School of Economics, Finance, and Management in Frankfurt in 2017 and received his Ph.D. in Economics at Goethe University in 2018. At the end of his Ph.D. Kevin Bauer started his second Master’s Studies in Information Systems at the Goethe University focusing on Machine Learning and Artificial Intelligence. He graduated in 2020. After finishing his Ph.D., Kevin Bauer joined TechQuartier as an AI specialist from 2018 to 2020. He is still active for TechQuartier as an external consultant and lecturer on AI-related topics. His primary area of research lies at the intersection of Information Systems and Economics with a particular interest in the empirical analysis of human-machine collaboration, algorithmically supported decision-making, and the cognitive processing of information.