What do you guys think the term "placebo effect" means and what do you think the results of a "placebo" arm of a placebo controlled trial actually reflects?
Now before answering, I'd like to suggest: don't look it up on Google, Wikipedia, a dictionary or elsewhere.
What I am interested is your current understanding of the term.
If you need some prompting, then you can answer the following:
Do you believe that placebo effects are bio-psycho-social? In the sense that conditioned beliefs about medicine can have real biochemical effects on symptoms other than anxiety, depression and mild pain. Which symptoms?