Let’s be real: even with the best intentions, AI systems can reflect our own unconscious biases. As Daniel Kahneman and Amos Tversky famously demonstrated in their groundbreaking work on Prospect Theory, humans are prone to cognitive biases that influence our…
REGULATORY
Market Expansion Re-Pricing Has Gone Overboard with Spillover Rule, Experts Say
Japan’s market expansion re-pricing mechanism, which is triggered for drugs generating better-than-expected sales under certain conditions, is being executed too broadly with the application of the so-called “spillover” rule, academic experts discussing comprehensive pharmaceutical policies agreed on December 9. The…
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