Grasping Reality on TypePad, by Brad DeLong
Archives Highlighted Previous Edit COVID Market for Man Slavery 20th C. Reading 'Chicago'
Transportation Is a Close Second; Meat Agriculture--Because of Methane--Should Be Third
I Will Remember This as the Day I Learned There Would Be No Downside to Replacing PBGC Executives with Capuchin Monkeys...

Monkey Markets

Keith Chen, Laurie Santos, and Venkat Lakshminarayanan, "How Basic Are Behavioral Biases?: Evidence from Capuchin Monkey Trading Behavior"

  • Gambles...

  • Prospect theory in Capuchin monkeys...

  • Universal, innate, cognition...

  • Reference dependence...

  • Loss aversion (2 to 2.5 to 1)
  • Diminishing sensitivity...
  • Endowment effect...

October 21, 2009 at 10:02 | | Comments (7)

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