Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks
February 7, 2025
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What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
The process of learning is continuous which starts right from the time of birth of an individual and continues till the death. We all are engaged in the learning endeavours in order to develop our adaptive capabilities as per the requirements of the changing environment.
For a learning to occur, two things are important:
A person keeps on learning across all the stages of life, by constructing or reconstructing experiences under the influence of emotional and instinctual dispositions.
Psychologists in general define Learning as relatively permanent behavioural modifications which take place as a result of experience. This definition of learning stresses on three important elements of learning:
John B Watson is one amongst the first thinkers who has proven that behavioural changes occur as a result of learning. Watson is believed to be the founder of Behavioural school of thought, which gained its prominence or acceptability around the first half of the 20th century.
Gales defined Learning as the behavioural modification which occurs as a result of experience as well as training.
Crow and Crow defined learning as the process of acquisition of knowledge, habits and attitudes.
According to E.A, Peel, Learning can be described as a change in the individual which takes place as a result of the environmental change.
H.J. Klausmeir described Learning as a process which leads to some behavioural change as a result of some experience, training, observation, activity, etc.
The key characteristics of the learning process are:
The Behavioural School of Thought which was founded by John B Watson which was highlighted in his seminal work, “Psychology as the Behaviorist View It”, stressed on the fact that Psychology is an objective science, hence mere emphasis on the mental processes should not be considered as such processes cannot be objectively measured or observed.
Watson tried to prove his theory with the help of his famous Little Albert Experiment, by way of which he conditioned a small kid to be scared of a white rat. The behavioural psychology described three types of learning: Classical Conditioning, Observational Learning and Operant Conditioning.
Classical Conditioning theory has been explained with the help of Pavlov’s Classic Experiment, in which the food was used as the natural stimulus which was paired with the previously neutral stimuli that’s a bell in this case. By establishing an association between the natural stimulus (food) and the neutral stimuli (sound of the bell), the desired response can be elicited. This theory will be discussed in detail in the next few articles.
The theory explains that the intensity of a response is either increased or decreased as a result of punishment or reinforcement. Skinner explained how with the help of reinforcement one can strengthen behaviour and with punishment reduce or curb behaviour. It was also analyzed that the behavioural change strongly depends on the schedules of reinforcement with focus on timing and rate of reinforcement.
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