Token economy in psychiatry is the principle or practice of rewarding desirable behaviour with tokens which can be exchanged for goods or privileges, and sometimes punishing undesirable behaviour by withholding or withdrawing such tokens.
Token economy is a behaviour therapy procedure based on operant learning principles; individuals are rewarded or reinforced for positive or appropriate behaviour and are disciplined (punished) for negative or inappropriate behaviour.
Living in the Classroom: The Currency-Based Token Economy - Payne, James S.; And Others.
Abstract: Various types of token economies and contingency contract systems are emerging throughout private and public educational programs. The basic idea of this book is that a token economy based on currency creates a real-life situation for children in the classroom. The goal of this book is to help the teacher establish a currency-based token economy that will make education in the classroom more relevant to the lives of children in today's society.
Chapter 1 justifies the use of a currency-based token economy in the classroom. This is followed by a chapter explaining the mechanics of such a system in the classroom.
Chapter 3 explains how to identify and acquire reinforcers that the students can purchase with currency at a minimum cost to the teacher. The next chapter outlines basic information that is needed to implement any token economy for people who are unfamiliar with the concept.
Chapter 5 describes in detail the skills needed to operate a currency-based token economy in the classroom, while the next chapter outlines the procedures for setting up and stocking the store and discusses the various responsibilities associated with it.
Effects of a token economy system within the
context of cooperative games on social behaviors of adolescents with emotional and
behavioral disorders. - Wolfe, B. D., Dattilo, J., Gast, D. L.