Cam sex economics
The stooge blithely pulled her lever over and over, never failing to dump a marshmallow into the other monkey's cage.Initially, the other monkeys responded in kind, pulling their own levers 50 percent of the time."The capuchin has a small brain, and it's pretty much focused on food and sex," says Keith Chen, a Yale economist who, along with Laurie Santos, a psychologist, is exploiting these natural desires -- well, the desire for food at least -- to teach the capuchins to buy grapes, apples and Jell-O."You should really think of a capuchin as a bottomless stomach of want," Chen says.This first step allowed each capuchin to reveal its preferences and to grasp the concept of budgeting.Then Chen introduced price shocks and wealth shocks.
"They'd throw their feces at the wall, walk into the corner and sit on their hands, kind of sulk." Chen is a hyperverbal, sharp-dressing 29-year-old with spiky hair.Chen proudly calls himself a behavioral economist, a member of a growing subtribe whose research crosses over into psychology, neuroscience and evolutionary biology.