Publication | Open Access
APPLYING THE BEHAVIORAL ECONOMICS PRINCIPLE OF UNIT PRICE TO DRO SCHEDULE THINNING
45
Citations
7
References
2007
Year
Applied EconomicsBehavioral Decision MakingBehavior AnalysisMarket DesignPsychologySocial SciencesOperations ResearchPricing PolicyExperimental EconomicsEconomic AnalysisBehavioral PrincipleResponse RequirementsEconomicsBehavioral SciencesDynamic PricingUnit PriceCost AllocationPrice FormationReinforcer MagnitudeReward SystemExperimental PsychologyExperimental Analysis Of BehaviorBehavioral EconomicsBusinessResource AllocationBehavioral ExperimentsDecision Science
Within the context of behavioral economics, the ratio of response requirements to reinforcer magnitude is called unit price. In this investigation, we yoked increases in reinforcer magnitude with increases in intervals of differential reinforcement of other behavior (DRO) to thin DRO intervals to a terminal value.
| Year | Citations | |
|---|---|---|
Page 1
Page 1