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Why should an investor invest in a negative-beta stock knowing that it will have an expected return lower than the risk-free rate?
Continuous Reinforcement
A learning theory concept where a behavior is reinforced every time it is exhibited, leading to fast learning but rapid extinction without reinforcement.
Desired Behaviour
A specific set of actions or reactions that an organization or individual aims to elicit from another party, often through reinforcement or incentives.
Reward
A benefit, often in the form of compensation, recognition, or appreciation, given to individuals for their performance or achievements.
Intermittent Reinforcement
A conditioning schedule in which rewards or punishments are given out at irregular intervals, making a behavior more resistant to extinction.
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