Expensive seems better: The price of a non-effective drug modulates its perceived efficacy
Abstract Previous studies have shown that the price of a given product impacts the perceived quality of such product. This finding was also observed in medical contexts, showing that expensive drugs increase the placebo effect compared to inexpensive ones. However, addressing a drug's efficacy...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2023-01-01
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Series: | Cognitive Research |
Subjects: | |
Online Access: | https://doi.org/10.1186/s41235-023-00463-4 |