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
Wage-Based Price Premiums on Drugs Not an Option, Says MHLW Insurance Chief
A senior Japanese health ministry official has dismissed the idea of attaching wage-based premiums to drug prices, citing key differences in how pharmaceuticals and medical services are reimbursed. Instead, he emphasized the importance of rewarding innovation and ensuring supply stability—factors…
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