Archive for March 6th, 2008

Thursday, March 6th, 2008

Placebos, Price, and Marketing

Hot on the heels of learning that more expensive wine tastes better, we find that more expensive placebos are more effective at controlling pain:
The investigators had 82 men and women rate the pain caused by electric shocks applied to their wrist, before and after taking a pill. Half the participants had read that the pill, […]

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1 Comment » - Posted in Neuromarketing, Neuroscience Research, Neuroeconomics by Roger Dooley