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
Japan to Cut Drug Prices by 0.97% on Healthcare Cost Basis in FY2024
Japanese health and finance ministers on December 20 agreed to shave drug prices by 0.97% on a healthcare spending basis in FY2024, which translates into total savings of around 120 billion yen for the central government. Central government expenditures account…
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