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The daily settlement procedure is a major difference between futures contracts and forward contracts.
Seligman
A psychologist known for his research in the areas of learned helplessness, positive psychology, and the theory of well-being.
Vicarious Reinforcement
The process of learning through observing the reinforcement of another's behavior, leading to an increase in that behavior.
Observing Consequences
In psychology, this refers to noticing and interpreting the outcomes of behaviors as a means of learning from them.
Behavior
Actions or reactions of an individual in response to external or internal stimuli.
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