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by run4yourlives2 3667 days ago
"Discrimination" isn't when it is based on actuarial models. Most countries' court systems have already ruled on this.

Basically, I can charge a woman x% more for disability insurance because I can mathematically prove that women are statistically more likely to claim.

2 comments

Hm... If you made this argument for e.g. black Americans (something something more likely to be criminals), most people would scream stuff much worse than just "discrimination". Yet both of these are based on math.
Actually, using actuarial science in that way is still very much open to debate.

https://en.wikipedia.org/wiki/Actuarial_science#Actuaries_in...

If you name a group, I can give you a mathematical model that will unfairly discriminate against that group, purely through how I divide up the population. "Math" is a mechanism, not an indicator of right or wrong.
Actuarial Science is a hard science that is a few hundred years old, not a social construct that you can manipulate.

There is no desire to "show" anything beyond having an accurate representation of probability.

Actuarial Science is also a mechanism, not something that indicates right or wrong. It gives you answers to questions. But questions themselves can be biased.