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What Is a Merit Good

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What is a merit good?


Definitions:

Split Object Image

A concept in psychology referring to the mental representation a person has of another being, divided between positive and negative perceptions.

Transference

The process by which emotions and desires originally associated with one person are unconsciously redirected towards another.

Synchronicity

A concept proposing that events are "meaningful coincidences" if they occur with no causal relationship yet seem to be meaningfully related.

Operationalize

The process of defining a concept so that it can be measured or expressed quantitatively or qualitatively in research.

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