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College Graduates Are Paid More, on Average, Partly Because They

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College graduates are paid more, on average, partly because they are expected to possess more human capital.


Definitions:

Delayed or Partial Reinforcement

A principle in behavior psychology where a reward is not given every time a desired behavior is exhibited, making the response more resilient to extinction.

Continuous, Immediate Reinforcement

A method in behavioral psychology where a desired behavior is rewarded every time it occurs, without delay.

Positive Reinforcers

Stimuli that, when introduced after a behavior, increase the likelihood of that behavior occurring in the future.

Negative Reinforcers

In behavioral psychology, an unpleasant stimulus that, when removed after a behavior, increases the frequency of that behavior.

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