economy

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economy

 [e-kon´o-me]
the management of money or domestic affairs.
token economy a program of treatment in behavior therapy, usually conducted in a hospital setting, in which the patient may earn tokens by engaging in appropriate personal and social behavior, or lose tokens by inappropriate or antisocial behavior; tokens may be exchanged for tangible rewards (such as food snacks or clothing) or for special privileges (such as watching television or passes to leave the hospital).

e·con·o·my

(ē-kon'ŏ-mē),
System; the body regarded as an aggregate of functioning organs.
[G. oikonomia, management of the house, fr. oikos, house, + nomos, usage, law]

economy

/econ·o·my/ (e-kon´ah-me) the management of domestic affairs.
token economy  in behavior therapy, a program of treatment in which the patient earns tokens, exchangeable for rewards, for appropriate personal and social behavior and loses tokens for antisocial behavior.
References in periodicals archive ?
We then move on to comparing welfare when the conglomerate is allowed to run joint productions for the two markets with that with compulsory separation preventing a firm from exploiting its economies of scope for the sake of transparency.
If so, the remaining benefits from ring-fencing could be increased transparency and lower resolution costs, while the costs could be reduced economies of scope.
The higher multinational flexibility (Kogut and Kulatilaka 1994; Huchzermeier and Cohen 1996; Song 2013) means that the opportunities to benefit from economies of scope in foreign markets are increased as a greater number of potential markets are available, allowing the company to select the most suitable ones not only to obtain them, but also to maximize their positive impact.
Panzar & Robert Willig, Economies of Scope, 71 Am.
Our simulation analyses suggest potential improvement in cost efficiency through exploitation of economies of scope by shifting SSH production to general hospitals.
Moreover, the cost function of each bank is assumed to be non-linear and it incorporates the notion of economies of scope between loans and deposits:
economies of scope from standardization, concerns about vendor lock-in, and alignment with corporate objectives) in a Bonus/Penalty section to arrive at a total return for the group (see instructor materials for the bonus section of the scorecard).
Economic * Is the assumption valid that economies of scope will favour this 3-in-1 intervention (i.
The second point--that PFFS plans served as feeders to other plan types--is evidence that firms make joint entry and marketing decisions across product types, suggesting that economies of scope may be important and, therefore, that market structure for one product (e.
Users consider the benefits of knowledge spillovers and economies of scope as well as the sacrifices of possible compromised independence resulting from economic bonding with joint provision of audit and nonaudit services.
Consequently, the FDA with pleasure adopted the GMPs, but proceeded to enforce them in ways that are enormously costly--thus adversely affecting all firms, big and small, in the industry, to the great benefit of those, like the pharmaceutical companies, which rely on economies of scope and scale in standardized mass manufacture of drug and supplement products that already satisfy these same kinds of regulations.
Unique human capital conditions create specific knowledge and economies of scope in knowledge combination.