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| Journal of the Experimental… | 1 |
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| Dake, Jamie M. | 1 |
| Madden, Gregory J. | 1 |
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Direct linkMadden, Gregory J.; Dake, Jamie M.; Mauel, Ellie C.; Rowe, Ryan R. – Journal of the Experimental Analysis of Behavior, 2005
The behavioral economic concept of unit price predicts that consumption and response output (labor supply) are determined by the unit price at which a good is available regardless of the value of the cost and benefit components of the unit price ratio. Experiment 1 assessed 4 pigeons' consumption and response output at a range of unit prices. In…
Descriptors: Food, Mathematical Models, Labor Supply, Cost Effectiveness
