The Effects of Cumulative Consumption Feedback On Demand For Money As A Commodity
Description:
Behavioral economic theory describes a relation between response requirement and magnitude of reinforcement, and combines these variables into one independent variable (unit price) affecting operant behavior. This study investigated the relative effects of cumulative feedback on consumption for money as a commodity. Subjects were exposed to ranges of unit prices with or without a cumulative feedback bar on the computer screen indicating monetary earnings. For all participants in this study, con…
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Date:
May 2001
Creator:
Bailey, Kathleen
Partner:
UNT Libraries