Publication | Open Access
Effects of and preference for conditions of token earn versus token loss
37
Citations
14
References
2014
Year
Behavioral Decision MakingBehavioral OutcomeEducational PsychologyEndowment EffectEducationPsychologyBehavior ManagementExperimental EconomicsEconomic AnalysisBehavioral PrincipleEconomicsBehavioral SciencesMotivationFinanceExperimental Analysis Of BehaviorBehavioral EconomicsLoss ContingencySocial BehaviorToken EconomyBusinessToken LossSymmetrical Contingencies
The effects of earning and losing tokens on the disruptive behavior of 12 first-grade students were evaluated under symmetrical contingencies of earn and loss. Both contingencies produced decreases in disruptive behavior. For some participants, more consistent decreases were observed during the loss contingency. In addition, participants generally earned or kept more tokens during the loss contingency. When offered a choice of contingencies, most participants preferred the loss contingency. The results showed some consistency with behavioral economic principles of loss aversion and the endowment effect.
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