Examlex
Which of the following have been offered as justification for IPO underpricing?
I.Young firms tend to be very risky.
II.The best IPOs are oversubscribed.
III.Underwriters like to avoid lawsuits.
IV.It benefits the existing shareholders.
Punished
The act of imposing a penalty or negative consequence on someone or something as a result of their behavior or actions.
Operant Conditioning
A learning process through which behavior is shaped and maintained by consequences, including rewards and punishments.
Classical Conditioning
Classical conditioning refers to the learning mechanism where a response initially triggered by a second stimulus becomes triggered by the first stimulus after the two stimuli have been paired together repeatedly.
Skinner
B.F. Skinner, an American psychologist known for his influential work in behaviorism and for developing the theory of operant conditioning.
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