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In the options market,a put option gives the right to sell and a call option gives the right to buy currency.
Hull's Concept
The theoretical framework established by Clark L. Hull, proposing that human behavior is a result of internal biological drives that are learned and influenced by the environment.
Incentives Influence
The way rewards or punishments motivate individuals to adopt particular behaviors.
Partial Reinforcement
A technique in behavioral psychology where a behavior is reinforced only some of the time, leading to more resistant behavior to extinction.
Lever Pressing
A behavior often studied in operant conditioning experiments where an animal manipulates a lever to receive a reward or avoid a punishment.
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