Examlex
________ is a condition in which information inflow exceeds an individual's processing capacity.
Negative Network Externalities
Adverse effects on a user of a product or service because the number of other users is too large or incompatible in some way.
Snob Effect
A phenomenon where the demand for a particular good increases as the price increases because the good is perceived as exclusive or high-status.
Pure Price Effect
The impact on consumer demand and behavior resulting solely from a change in the price of a good or service, with income and substitution effects considered separately.
Externality Effect
The impact of one person's actions on the well-being of a bystander, which may be positive or negative and not reflected in market prices.
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