ELI5: Explain Like I'm 5

Mohring effect

The Mohring Effect is a term used to describe the idea that when something becomes easier or cheaper to do, people will do more of it. This means that if it becomes easier to do something, like traveling, more people will do it. For example, when things like cars, planes, and other transportation methods became available, people started traveling more often than they did before. So, the Mohring Effect is like a way to measure how something changes when it becomes easier or cheaper to do.
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