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An Extension of the Fama-French Three-Factor Model Includes a Fourth

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An extension of the Fama-French three-factor model includes a fourth factor to measure

Comprehend the process and effects of extinction in conditioning.
Recognize the phenomenon of spontaneous recovery in conditioned responses.
Identify the impact of reinforcement schedules on behavior and learning.
Distinguish between primary and secondary reinforcers and their roles in reinforcement.

Definitions:

Ethical Terms

Concepts, words, or phrases that are related to principles of right and wrong conduct, morality, and values.

Internal Values

Core beliefs or principles that guide an individual's behavior and decisions from within.

Personal Standards

The set of expectations and values that an individual holds for themselves regarding their behavior, accomplishments, and ethics.

Values Formation

The process through which individuals develop their set of personal principles, morals, and ideals, often influenced by their surroundings, experiences, and education.

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