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Massachusetts Institute of Technology

The role of branding and pricing on health outcomes via the placebo response

Abstract

dc:description.abstract

Marketing factors such as pricing and branding are known to affect people's judgments and expectations regarding a product. When the product in question is a medical treatment, this effect may modify the placebo response. As the placebo response modifies the overall effect of the treatment in an additive manner, this implies that marketing factors may have a direct effect on medical outcomes, particularly in disorders that have large placebo effects. This thesis explores this idea. First a laboratory study is presented that used electric shocks and a placebo pill to demonstrate that a price discount may reduce the efficacy of a placebo analgesic. A second laboratory study, using the cold pressor test and a medication with low non-placebo efficacy, failed to demonstrate superiority of a brand-name over generic medication in terms of cold tolerance or pain ratings, but the brand-name did lead to quicker habituation to the cold pain. In addition, quantitative and qualitative research exploring attitudes held towards generic medications shows conflicted beliefs and a lack of complete trust in generic medications in both general and geriatric populations. "Non-commercial" forms of marketing, including the labeling of, and description of, a disorder, are also touched upon. The implications of this research for marketing are discussed, as well as necessary steps for the research development of this field.

Degree

thesis:*
Department dc:contributor.department
Program in Media Arts and Sciences (Massachusetts Institute of Technology)
Grantor dc:publisher
Massachusetts Institute of Technology
Year dc:date.issued
2008

Author and committee

dc:creator, dc:contributor.*
Author dc:creator
  • Waber, Rebecca L
Advisor dc:contributor.advisor
  • Dan Ariely.

Subjects

dc:subject × 1

Rights

dc:rights
Statement dc:rights
  • M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
Language dc:language.iso
eng

Identifiers

dc:identifier.*
Handle dc:identifier.uri
http://hdl.handle.net/1721.1/44805
OAI identifier oai:identifier
oai:dspace.mit.edu:1721.1/44805

Chain of custody

source
Harvested from
MIT
Base URL
dspace.mit.edu/oai/request
Last updated
2026-07-22
Source record
OAI-PMH GetRecord
citation

Waber, Rebecca L. The role of branding and pricing on health outcomes via the placebo response. Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/44805