Discover the Hawthorne Effect's definition, its historical context, debate over its validity, and how it influences human behavior studies and modern research.

The crowding out effect refers to a phenomenon where increased government deficits can lead to a rise in interest rates. This, in turn, can cause activity in the private sector to diminish. The ...

The placebo effect is a mysterious phenomenon that happens when someone’s medical symptoms are lessened through the power of suggestion and expectation – for instance if someone’s illness improves ...

Behavioral economists note that spending increases when asset values rise, known as the wealth effect. Housing asset increases often trigger a stronger wealth effect than stock market surges.

The effect of announcing a new version of a product that causes people to wait and not buy the current product. The Osborne effect was derived from the announcement of the Osborne Executive personal ...