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
Three Ministers Agree on Off-Year Drug Price Revision in FY2025
Three Japanese Cabinet ministers on December 20 hammered out a basic policy for the next “off-year” drug price revision in FY2025, setting thresholds to define product coverage and putting an end to months-long debates over the issue. The policy was…
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