Psychic cost

A psychic cost is a subset of social costs that specifically represent the costs of added stress or losses to quality of life. In managerial economics and marketing, psychic costs "measure the stress of having to think about a transaction". In the early 2000s, one of the important psychic costs are the "search costs" of hunting for content that interests us on the Internet. Psychic costs should not be confused for psychic activity, which is when an individual claims to use extra-sensory perception.

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