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Skinner once placed some pigeons in Skinner boxes and reinforced them with food randomly no matter what they were doing. Despite the fact that there was no real connection between their behavior and its consequences, each pigeon acted as if there were with one bird flapping its left wing, another hopping on one foot, and a third turning in complete circles. Skinner used which of the following terms to describe such behaviors that are repeated because they appear to produce reinforcement when really the behaviors are unnecessary?
Fixed Dividend
A dividend that is set at a particular amount and does not vary, often found in preferred stocks.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its share price.
Cost of Equity
The rate of return that a company is required to pay out to its equity investors, reflecting the compensation for the risk they undertake.
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