Token economies contain four basic elements (Spiegler & Guevremont, 1998):
Rules for maximizing the success of token economies stem from these four basic elements. We obviously cannot do justice to the complexities of the many issues that arise when implementing a token economy in the vast variety of contexts mentioned earlier (see e.g., Kazdin, 1977). Nevertheless, there are some general guidelines that appear to apply across the board (Martin & Pear, 1998; Miltenberger, 1997; Sarafino, 1996; Spiegler & Guevremont, 1998).