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In a tender offer,the aggressor offers target shareholders a price below the current market value of the stock.
Variable Ratio Schedule
A reinforcement strategy in behaviorism where a response is reinforced after an unpredictable number of responses, making it very powerful in maintaining behavior.
Variable Interval Schedule
A reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed, enhancing response consistency.
Fixed Interval Schedule
A type of conditioning schedule where a reward or reinforcement is administered after a set period of time has passed, assuming the required response has been made.
Continuous Reinforcement
A method of learning that involves giving a reward after every correct response in order to reinforce the desired behavior.
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