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
Chuikyo Agrees to Scrap Company Indicators to Rank PMP-Eligible Firms
A Japanese health ministry drug pricing panel on December 13 agreed on a proposal to abolish company indicators that have been used to rank manufacturers eligible for the price maintenance premium (PMP) and cut premium rates for the vast majority…
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