Token economy programmes are a form of behaviour modification based on the principles of operant conditioning. They are used in prisons to encourage the reduction of anti-social behaviour and criminal behaviour; they involve awarding tokens to offenders if a desired behaviour is performed. The tokens may then be exchanged for various rewards. The aim is for the desired behaviour to be repeated. As a treatment it involves setting out a range of desirable behaviours and reinforcing the offender whenever
Premium Reinforcement Psychology Applied behavior analysis
The Market Revolution embodied indisputable transformations in the economy. The United States disconnected from its dependence on agriculture and international trade in favor of internal manufacturing. In 1807‚ President Thomas Jefferson signed an embargo on Britain due to international disputes over trade ship laws and violations. This law restricted American ships from participation international trade with hopes to display America’s importance in the overseas market. Due to this‚ they could not
Premium United States Industrial Revolution Economics
company’s equity beta. One way to do this is to treat the equity beta as an average of the betas of several different areas of proxy company activity‚ weighted by the relative share of the proxy company market value arising from each activity. However‚ information about relative shares of proxy company market value may be quite difficult to obtain. A similar difficulty is that the ungearing of proxy company betas uses capital structure information that may not be readily available. Some companies have complex
Premium Financial markets Investment Fundamental analysis
Intorduction: Within the overall umbrella of the word "economy"‚ one speaks today of the market economy‚ the formal economy‚ the informal economy‚ the underground economy‚ the productive economy and perhaps even the reproductive economy‚ the post-industrial or post-modern economy and the global economy. Thus while the concept of an economy is not fixed but arbitrary‚ and may have strayed rather far from the management of household resources‚ it is nonetheless spoken of in official circles as
Premium Planned economy Capitalism Economics
Economies are different throughout the world. Many countries have decided on similar economies to other countries. Two of these economic systems are market and command economies. These two economies are the two most common economies throughout the world‚ and are often compared and contrasted amongst countries. The first economy is known as a market economy. This economy is generally ruled by the people. The decisions of everyday civilians affect the economy daily‚ and can quickly change due to this
Premium Economics United States Marketing
period of instruction is so that consequences can be avoided when mistakes are made for not knowing what to do. Following instructions and paying attention when receiving orders are important skills to have in school or in any career. Being able to follow instructions when it comes to classes and school-type environments insures that the student will be able to pull off a higher score. Knowing how to comprehend and carry out the teacher‘s or instructor‘s directions properly assures that the student will
Premium Education Psychology Teacher
Efficient Market Hypothesis v’s Behavioural Finance An efficient market is one in which share prices quickly and fully reflect all available information‚ where investors are rational‚ and there are no frictions. Investors determine stock prices on the basis of expected cash flows to be received from a stock and the risk involved. Rational investors should use all the information they have available or can reasonably obtain‚ including both known information and beliefs about the future. In an efficient
Premium Stock market Stock Financial markets
Discuss the epidermal and dermal layer of skin and how each relates to the permanence of fingerprints. The outer layer is known as the epidermis‚ and the inner layer is known as the dermis. The bottom of the epidermis‚is adjacent to the dermis‚ is the generating layer of the epidermis and it is in this layer that new cells are formed. The skin is one of the largest organs in the body. The epidermis has many smaller layers. The dermal layer is the growth layer of skin and feeds the epidermis
Premium Fingerprint Skin
Diversity Paper How Diversity Relates to Education Kim Dieter December 7‚ 2012 How Diversity Relates to Education In the general education system‚ it is very important that there is a wide array of diverse groups in the classroom. “It is important to have a diverse student body‚ not only to create a realistic setting but also to encourage people to grow outside their boundaries and learn something new about a culture they may not be familiar with.” (Pendulum 1) I believe diversity
Premium Management Religion Psychology
CARICOM Single Market and Economy (CSME) is indeed a mixed blessing as it carries various benefits as well as challenges for the Caribbean islands. Firstly I will attempt to describe the CSME in its entirety giving the benefits and the shortfalls of its implementation and how it will affect the islands positively or negatively and the factors that may result in the contrasting outcomes. Overview of the CSME The CSME is also known as the Caribbean Single Market and Economy was first envisioned
Premium Caribbean Community Caribbean CARICOM Single Market and Economy