People, Preferences & Prices: Sequencing the Economic Genome of the Consumer Mind

Author(s): Eugene Galanter, Howard Moskowitz and Matthias Silcher

DOI: 10.2174/978160805249311101010001

Thinking and Experimenting

Pp: 1-11 (11)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

So, how do we go about exploring notions of psychological economics? How are we to set up studies to learn about the nature of the psychology in ‘our heads’, about how we respond to the economics of goods and services? How are we to measure happiness? We are going to do two types of experiments (one independent variable at a time, as well as a questionnaire). We’ll look at happiness and pleasure using those experiments. We may stray a bit from conventional happiness to the joy of sensation, but in the end, you’ll understand the bases of the experimental method applied to the problem.

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