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
Gov’t Tax Commission Decides to Extend Temporary R&D Tax Credits
At a meeting on December 7, the government’s Tax Commission (Chairman: Finance Minister Jun Azumi) presented a final draft plan for the FY2012 tax system revision based on the requests submitted by ministries and agencies. The draft plan was approved,…
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REGULATORY
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As Japan approaches the Fiscal System Council’s “autumn recommendation,” a notable shift is taking shape. The Ministry of Finance (MOF),…
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Japan’s all-important reimbursement policy panel on December 20 approved an outline of drug pricing reforms for FY2024, which enshrines a…