Examlex
What is the signalling theory of education?
Novelty Wear-Out Effect
A phenomenon where the effectiveness or appeal of something new diminishes over time as it becomes familiar or overused.
Barrier-To-Entry Effect
Factors that prevent or hinder new competitors from easily entering an industry or area of business.
Preference Consistency Effect
A phenomenon where individuals show a tendency to remain consistent with their previously stated preferences and choices over time.
Social Threat
Social threat refers to the perceived or real risk of harm to one's social status, acceptance within a group, or personal relationships.
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