According to the Theory of Operant Conditioning, When the Presentation

question 54

Multiple Choice

According to the theory of operant conditioning, when the presentation of a stimulus, after a response has occurred, increases the likelihood of the response's occurring again, the process that is at work is referred to as:

• A)negative reinforcement
• B)punishment
• C)positive reinforcement
• D)classical conditioning

Describe the optimal weighting of securities within an active portfolio according to the Treynor-Black model.

Differentiate between a purely passive investment strategy and one that combines passive and active elements.

Use macroeconomic and composite forecasts to determine the optimal risky portfolio in the Treynor-Black model.

Explain the properties of a risky portfolio that combines an active portfolio of mispriced securities with a market portfolio.

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Definitions:

A Treaty

An officially concluded and ratified agreement between two or more sovereign states.

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Rulings made by courts interpreting laws, which can establish legal precedents and influence future legal cases.

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