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A Behavioral Economic Analysis of the Effects of Unit Price Sequence on Demand for Money in Humans.

Three groups of participants were exposed to different unit price sequences. Unit prices for all groups ranged from unit price 1 to 21. Analyses of demand curves, response rates, session duration, and elasticity coefficients suggest that the sequence of exposure to unit prices can affect the elasticity of demand. In addition, the size of unit price contrast, direction of unit price change, and proximity to experimental milestones also may affect the consumption of monetary reinforcers.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc3107
Date05 1900
CreatorsWilliams, Jack Keith
ContributorsHyten, Cloyd, Smith, Richard, Vaidya, Manish
PublisherUniversity of North Texas
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
FormatText
RightsPublic, Copyright, Williams, Jack Keith, Copyright is held by the author, unless otherwise noted. All rights reserved.

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