Comment on Fixing Moral Hazards In Business Science

Sun, 19 Oct 2014 22:21:15 GMT

I have thought a bit more about the blinding issue.

One question that comes to mind: How do we trust that the placebo is a real placebo and substantially different then the drug? The company producing the product wants to show a difference. Therefore they have no incentive to give both parties the same product.

On the other hand the company could mix some slight poison into the placebo. Even an ineffective drug beats a poison.

Therefore the placebo has to be produced or purchased by a trusted organisation and that organisation has to package the placebo in the same box that it's packaging the drug.

Discuss