Psychic cost definition

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Psychic cost

Psychic cost logo #21000 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 2000s, one of the important psychic costs are the `search costs` of hunting for content that inte...
Found on http://en.wikipedia.org/wiki/Psychic_cost
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