SoCalReviews
Very Senior Member
I'm not sure if placebo effect is the right term - more along the lines of confirmation bias - where spending more must be better, because of the bigger numbers on the box, and people tend to want to believe they made the right choice, however the numbers fall - people don't want to be wrong, or considered by others that they made an incorrect choice.
I agree. I pointed out to the OP that "placebo" wasn't a good term to use but explained that there could be some real science relating to quantum effects and the intention of the observer... I know... difficult to show measurable effects... but yes... "Confirmation bias" is a much better description of psychological effects the OP was referring to.