Because the Relative Value of a Reinforcer Can Shift Over

question 292

True/False

Because the relative value of a reinforcer can shift over time, people sometimes choose short-term reinforcers even when that choice might sabotage their ability to attain a reinforcer that would be more rewarding in the long run.

---

Definitions:

Repriced Option

An option whose terms, specifically the strike price, have been adjusted, typically to make the options more favorable for the holder following declines in the market price of the underlying asset.

Vesting Period

The time period over which an employee gains ownership of employer-provided stock or benefits, encouraging long-term commitment.

Equity-settled

Equity-settled refers to a type of transaction, often in the context of share-based compensation, where a company fulfills its obligation by issuing equity instruments to the counterparties.