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Mergers and acquisitions take longer to execute than a greenfield investment.
Fixed-Ratio Schedule
A type of reinforcement schedule where a response is reinforced only after a specified number of responses, leading to a high and steady rate of response.
Fixed-interval Schedule
A reinforcement schedule that provides reinforcement for the first response made after a fixed duration of time has passed.
Reinforcement
The process of increasing the likelihood of a behavior by following it with a positive consequence or removing a negative one.
Variable-interval Schedule
A schedule of reinforcement where rewards are given after an unpredictable amount of time has passed, leading to a steady, moderate response rate.
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