Examlex

Solved

In Using Operant Conditioning Principles to Train Animals to Perform

question 185

Multiple Choice

In using operant conditioning principles to train animals to perform tricks, Keller and Marian Breland found that:

Explain how property rights influence the rate of resource extraction.
Determine the optimal extraction level of a nonrenewable resource.
Describe the implications of a zero user cost on resource extraction.
Understand how present value calculations affect resource extraction decisions.

Definitions:

Rational Model

A decision-making approach based on careful analysis and logical evaluation of alternatives to achieve the most favorable outcome.

Decision Making

The cognitive process of selecting a course of action among multiple alternatives, often resulting in a final choice or judgment.

Bounded Rationality

A concept suggesting that decision-making is limited by the information available, cognitive limitations of minds, and finite time to make decisions.

Product Development

The entire process of bringing a new product or service to the market.

Related Questions