Why Is "Quality of Life" an Element of Intangible Costs

question 34

Essay

Why is "quality of life" an element of intangible costs associated with location decisions? Provide an example as part of your discussion.

---

Definitions:

Fuzzy Set

A concept in mathematics and social sciences describing a set of elements with degrees of membership rather than a clear boundary between members and non-members.

Vividness

An intrinsic property of a stimulus on its own that makes it stand out and attract attention.

Salience

Property of a stimulus that makes it stand out in relation to other stimuli and attract attention.

Schemas

Cognitive frameworks or mental models that help individuals organize and interpret information based on past experiences and knowledge.