Chen, M. Keith; Lakshminarayanan, Venkat; Santos, Laurie R. - In: Journal of Political Economy 114 (2006) 3, pp. 517-537
Behavioral economics has demonstrated systematic decision-making biases in both lab and field data. Do these biases extend across contexts, cultures, or even species? We investigate this question by introducing fiat currency and trade to a colony of capuchin monkeys and recovering their...