Token Economies Are Based on

question 247

Multiple Choice

Token economies are based on

• A)classical conditioning.
• B)operant conditioning.
• C)vicarious conditioning.
• D)cognitive learning.

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Definitions:

Oligopolistic Situation

A market condition where a few companies have the majority of market share and control over pricing.

Barriers to Entry

Factors that make it difficult for new firms to enter a market, often leading to reduced competition.

Dominant Strategies

Strategies in game theory that are preferable regardless of the opponent's actions, leading to a stable solution.

Prisoners' Dilemma Situations

A scenario in game theory where individuals acting in their own self-interest produce a worse outcome for the group than if they had cooperated.