Making sense of monkey business: Re-examining tests of animal rationality
Pawel Dziewulski (),
Roy Allen () and
John Rehbeck ()
Additional contact information
Roy Allen: University of Western Ontario
John Rehbeck: Ohio State University
Working Paper Series from Department of Economics, University of Sussex Business School
This paper re-examines research that studies economic rationality using experimental data generated by nonhuman animals (e.g. rats, pigeons, monkeys, etc.). The standard experimental methodology to elicit choices from nonhuman animals allows a researcher to test three types of economic rationality: standard deterministic utility maximization, average choice rationality, and random utility maximization. Most of the research has evaluated whether animals satisfy average choice rationality. We describe the difference between these models and check each type of rationality on capuchin monkey data from Chen et al. (2006). We reject standard deterministic utility maximization, but cannot reject either average choice rationality or random utility maximization. This paper is the first to provide a statistical test for average choice rationality.
New Economics Papers: this item is included in nep-cwa, nep-exp and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Journal Article: Making sense of monkey business: Re-examining tests of animal rationality (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sus:susewp:0321
Access Statistics for this paper
More papers in Working Paper Series from Department of Economics, University of Sussex Business School Contact information at EDIRC.
Bibliographic data for series maintained by University of Sussex Business School Communications Team ().