What a Pain: Costly Placebo Works Better than a Cheap One
Editor’s note: This article is part of WRAL Local Tech Wire’s highlighting of research at universities across the Carolinas and Georgia. DURHAM, NC — A 10-cent pill doesn’t kill pain as well as a $2.50 pill, even when they are identical placebos, according to a provocative study by Dan Ariely, a behavioral economist at Duke University. "Physicians want to think it’s the medicine and not their enthusiasm about a particular drug that makes a drug more therapeutically effective, but now we really have to worry about the nuances of interaction between patients and physicians," said Ariely, whose findings appear as...
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