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A Rat Learned to Press a Bar to Turn Off

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A rat learned to press a bar to turn off a mild shock it was receiving through the floor of its cage.In this case, bar pressing was


Definitions:

Government Regulation

Laws and rules established by governmental agencies aimed at controlling the way businesses can operate within the economy.

Systematic Risk

A hazard inherent to the entire market or a market segment, which diversification cannot diminish.

Unsystematic Risk

Refers to the risk that is specific to a company or industry, and can be mitigated through diversification.

Portfolio Beta

A measure of the sensitivity of a portfolio's returns to the returns of the overall market, indicating the level of market risk associated with the portfolio.

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