cost-sensitive-conformal-prediction-and-human-in-the-loop-abstention-for-imbalanced-high-stakes-decision-support-a-multi-domain-benchmark-ade62d8c·1 events·first seen Aliases: Cost-Sensitive Conformal Prediction and Human-in-the-Loop Abstention for Imbalanced High-Stakes Decision Support: A Multi-Domain Benchmark
A new arXiv preprint benchmarks cost-sensitive conformal prediction methods across 15 real-world imbalanced tabular datasets, 7 classifiers, and 3 calibration techniques (3,150 total runs), finding that standard marginal conformal prediction drops minority-class coverage to as low as 0.5%. Class-conditional (Mondrian) conformal prediction recovers valid minority coverage with an average 61.7 percentage-point improvement, and combining it with cost-controlled abstention reduces expected decision cost under realistic human review budgets. The paper also derives dataset-specific break-even thresholds for when deferring to human experts becomes cost-effective, offering practical deployment guidance for credit scoring, fraud detection, healthcare, and industrial safety applications.