From wiki, so we're on the same page:
So let's say you're suffering from a condition not very well understood, like fibromyalgia. Your doctor puts you on a real medication (so not an inert pill) and you experience an improvement. Later, further research on the medication shows that it is no more effective than a placebo. Would you want to be informed of this?
It should be noted that even patients who know they're taking a placebo often show improvement.
A placebo is a sham or simulated medical intervention. Sometimes patients given a placebo treatment will have a perceived or actual improvement in a medical condition, a phenomenon commonly called the placebo effect.
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In one common placebo procedure, however, a patient is given an inert pill, told that it may improve his/her condition, but not told that it is in fact inert. Such an intervention may cause the patient to believe the treatment will change his/her condition; and this belief may produce a subjective perception of a therapeutic effect, causing the patient to feel their condition has improved or an actual improvement in their condition.
So let's say you're suffering from a condition not very well understood, like fibromyalgia. Your doctor puts you on a real medication (so not an inert pill) and you experience an improvement. Later, further research on the medication shows that it is no more effective than a placebo. Would you want to be informed of this?
It should be noted that even patients who know they're taking a placebo often show improvement.