Readings

The PDFs are posted on our Canvas site. You must be signed in to Canvas to open them.

1. Kagel, John H., Raymond C. Battalio, Howard Rachlin, and Leonard Green. “Demand Curves for Animal Consumers.” The Quarterly Journal of Economics 96, no. 1 (1981): 1–16.
2. Chen, M. Keith, Venkat Lakshminarayanan, and Laurie R. Santos. “How Basic Are Behavioral Biases? Evidence from Capuchin Monkey Trading Behavior.” Journal of Political Economy 114, no. 3 (2006): 517–537.
3. Pastor-Bernier, Alexandre, Charles R. Plott, and Wolfram Schultz. “Monkeys Choose as if Maximizing Utility Compatible with Basic Principles of Revealed Preference Theory.” Proceedings of the National Academy of Sciences 114, no. 10 (2017): E1766–E1775. https://doi.org/10.1073/pnas.1612010114

Laurie Santos, “A monkey economy as irrational as ours,” TEDGlobal 2010. She is a co-author of the 2006 paper and shows the token marketplace itself. Courtesy of TED (CC BY–NC–ND).