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A set or system of contingencies under which conditioned reinforcers may be exchanged for a variety of backup reinforcers is a token economy.

What is token economy?

There are many different ways that token economies can exist. They can range from very straightforward, brief systems to more intricate ones that demand the learner to put in days or even weeks of work before receiving his reward, but this may take a sizable amount of time. These frameworks ought to expand and deepen as the student learns.

The use of positive reinforcement to influence behavior is a key component of token economies, which are founded on the concepts of applied behavior analysis (ABA). Token economies assist children in visualizing progress, accepting and working with delayed reinforcement, developing self-monitoring skills, and behavior regulation.

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