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Optimal foraging theory proposes that animals obtain the highest rate of reinforcers for the least effort and momentary maximizing theory proposes that animals make the response that at that instant is most likely to be reinforced. While each theory may account for matching on concurrent...
Persistent link: https://www.econbiz.de/10009440695
Concurrent procedures may be conceptualized as consisting of two pairs of schedules with only one pair operating at a time. One schedule of each pair arranges reinforcers for staying in the current alternative, and the other schedule arranges reinforcers for switching to the other alternative....
Persistent link: https://www.econbiz.de/10009440705
Previous work on the joint effects of vagueness in probabilities and outcomes in decisions about risky prospects has documented the decision-makers’ (DMs) differential sensitivity to these two sources of imprecision. Budescu et al. [6] report two studies in which DMs provided certainty...
Persistent link: https://www.econbiz.de/10009440757
Small businesses are seen as an agent of economic growth in developing countries. Recently, the idea of micro-lending has received increased attention due to its promising effects on employment and personal economic growth in rural developing areas. However, we lack an in depth understanding of...
Persistent link: https://www.econbiz.de/10009466943
The relationship between economic freedom and economic growth has always been frequently discussed in the economic literature. Economic freedom is often believed to enhance economic growth, which in turn creates more economic freedom. The first part of this paper studies the transition process...
Persistent link: https://www.econbiz.de/10009466950
For decades, the Codes of Fair Information Practice have served as a model for data privacy, protecting personal information collected by governments and corporations. But professional data management standards such as the Codes of Fair Information Practice do not take into account a world of...
Persistent link: https://www.econbiz.de/10009467940
Modern society is structured around consumption. The climate of the current consumer culture is one of intense competition. In order to differentiate their brands and products, companies are beginning to focus on differentiating their brands on the basis of distinctive emotional, rather than...
Persistent link: https://www.econbiz.de/10009468757
In Tonga as elsewhere, consumption of inexpensive, high calorie, fatty foods are associated with increases in diet-related non-communicable diseases (NCDs). Programs have been designed to educate people about dangers associated with these foods, but if consumption has increased for economic...
Persistent link: https://www.econbiz.de/10009475285
Many Americans are getting sick of the way things have become and the way things are, from the government to the quality of food we put into our bodies. We are upon a new frontier, people are changing the way they live and consume. The days of quantity over quality are fading. Many consumers are...
Persistent link: https://www.econbiz.de/10009455879
The textile and apparel (T&A) industries are global and constantly on the move. The mobility of these industries can be seen here in Rhode Island, with abandoned textile mills stretched across the state. In its search for the lowest-cost production, the T&A industries moved from northern to...
Persistent link: https://www.econbiz.de/10009455905