ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Positive
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Negative
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Neutral
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Unclear
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Detailed explanation-1: -As noted above, positive reinforcement refers to introducing a desirable stimulus (i.e., a reward) to encourage the behavior that is desired. An example of this is giving a child a treat when he or she is polite to a stranger.
Detailed explanation-2: -Positive reinforcement was introduced by B. F. Skinner in relation to the theory of operant conditioning. It is a form of learning whereby the contingency between a specific behavior and a desirable consequence help increase the likelihood of the behavior recurring.
Detailed explanation-3: -Incentives – the basis of economics Another way to frame the idea of positive reinforcement is incentives. If you have ever read the book ‘Freakonomics’ by Steven D. Levitt and Steven J. Dubner, you’ll know that the economy and human behaviour is conditioned by (and dependent on) incentives.
Detailed explanation-4: -There are four types of reinforcement: positive reinforcement, negative reinforcement, extinction, and punishment.