In this contributed article by MIT Sloan School of Management Prof. Negin Golrezaei, found that there are ways to limit price manipulation. The key is the pricing algorithm. Instead of using bids to directly set prices, a prominent group of researchers designed an algorithm that uses censored bids– in this case a binary signal – to indicate whether the buyer wins in the prior auction or not.
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In today’s fast-paced world, driven by demands for speed and efficiency, the field of clinical development has undergone a remarkable transformation. The way trials are being conducted has changed significantly with decentralized clinical trials (DCT) becoming mainstream and the collection of clinical data from wearables and other remote-monitoring devices becoming common practice. While these advances […]
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