ERIC Number: EJ981121
Record Type: Journal
Publication Date: 2008-Mar
Pages: 11
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-5002
EISSN: N/A
Available Date: N/A
On Loss Aversion in Capuchin Monkeys
Silberberg, Alan; Roma, Peter G.; Huntsberry, Mary E.; Warren-Boulton, Frederick R.; Sakagami, Takayuki; Ruggiero, Angela M.; Suomi, Stephen J.
Journal of the Experimental Analysis of Behavior, v89 n2 p145-155 Mar 2008
Chen, Lakshminarayanan, and Santos (2006) claim to show in three choice experiments that monkeys react rationally to price and wealth shocks, but, when faced with gambles, display hallmark, human-like biases that include loss aversion. We present three experiments with monkeys and humans consistent with a reinterpretation of their data that attributes their results not to loss aversion, but to differences between choice alternatives in delay of reinforcement. (Contains 3 tables, 1 figure, and 1 footnote.)
Descriptors: Animals, Animal Behavior, Behavioral Science Research, Experimental Psychology, Responses, Bias, Delay of Gratification, Reinforcement, Contingency Management, Conditioning, Food
Society for the Experimental Analysis of Behavior. Available from: Indiana University Department of Psychology. Bloomington, IN 47405-1301. Tel: 812-334-0395; FAX: 812-855-4691; e-mail: jeab@indiana.edu; Web site: http://seab.envmed.rochester.edu/jeab/index.html
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A