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 2000s, one of the important psychic costs are the "search costs" of hunting for content that interests us on the Internet.

Famous quotes containing the words psychic and/or cost:

    Surrealism, n. Pure psychic automatism, by which it is intended to express, whether verbally or in writing, or in any other way, the real process of thought. Thought’s dictation, free from any control by the reason, independent of any aesthetic or moral preoccupation.
    André Breton (1896–1966)

    To become a token woman—whether you win the Nobel Prize or merely get tenure at the cost of denying your sisters—is to become something less than a man ... since men are loyal at least to their own world-view, their laws of brotherhood and self-interest.
    Adrienne Rich (b. 1929)