While Big Data has garnered attention for its impact on firms and consumers, the algorithms that make sense of the large data sets are recently in the news – and not only for creating value but for being biased and unfair. Algorithms – including artificial intelligence, machine learning, and...

Algorithms silently structure our lives. Algorithms can determine whether someone is hired, promoted, offered a loan, or provided housing as well as determine which political ads and news articles consumers see. Yet, the responsibility for algorithms in these important decisions is not clear....