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You're paying for the command of authority.
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It seems that placebo can sometimes work even when everyone knows it’s placebo:https://www.nature.com/articles/535S14a …
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A placebo object might require deception in a blind trial but the placebo effect itself is not related to deception and is part of almost every treatment.
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Shockingly, this doesn't seem to be the case: https://www.health.harvard.edu/blog/placebo-can-work-even-know-placebo-201607079926 …
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This makes sense, but I constantly encounter people who say "it doesn't work but I do it for the placebo effect". Some people compartmentalize, I guess
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"People want an authority to tell them how to value things. But they chose this authority not based on facts or results. They chose it because it seems authoritative and familiar." - The Big Short, Michael Lewis
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