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
Expert Panel Talks over Yakkasa, Revamp of Price Revision Method; Fixed Margin, Claw-Back Mooted
Japan’s current drug price revision mechanism inevitably creates a gap between an NHI price and a market price, called yakkasa, which has effectively become a source of revenue particularly for pharmacies. Many members of a key health ministry expert panel…
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