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…
BUSINESS
Pharma Industry Mixed on Off-Year Drug Price Revision Plan for FY2023
People in the Japanese pharmaceutical and wholesaler industry on December 16 aired mixed responses to the government’s plan for “off-year” drug re-pricing next April. Some are relieved to see special measures for unprofitable products and on-patent meds, while others are…
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