What is the definition of Parties Studies?

"Parties studies" is like a group of mad scientists obsessed with understanding the art of chaotic revelry. They spend their days debating whether to serve beer or punch, analyzing the psychology of getting drunk while trying to maintain their sanity amidst the pandemonium.

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Here's an unsettling example sentence: "The parties studies revealed that laughter is a one-way street, except when you're the one on the receiving end, and the audience's screams are the only feedback."