Keith
Chen, associate professor of economics at Yale University, wanted to test Adam
Smith’s confident and classical assertion that man is the only animal that
engaged in commerce and monetary exchange.
“Nobody ever saw one animal by its gestures and natural cries signify to
another, this is mine, that yours; I am
willing to give this for that,” Smith had written.
For
his experiment, Chen chose a group of 7 capuchins. The capuchin is a species of small monkeys
with a very small brain. They spend most
of their active life engaged in two activities: food and sex. Hence, thought Chen, they are quite similar
to human beings. In fact, the capuchins
are so greedy for food that they can overeat, and then throw up what they had eaten
in order to eat more. What will happen
if such creatures are taught to make use of money?
Chen
and Venkat Lakshminarayanan worked with the 7 capuchins kept at a lab set up by
Laurie Santos, a psychologist. First of
all, the capuchins were taught the value
of money by giving them silver coins and teaching them to use the coins to
procure choice food from the researchers.
The capuchins came to learn not only to use the money but also to choose
the food they wanted to buy.
Then
they were subjected to price shock. They were given less of a particular food for
the money they paid. For example, if
they were used to getting three slices of apple for one coin, now they got only
two. The capuchins bought less of that
food now that its price had gone up. When
its price was reduced, the capuchins bought more of it. In other words, they behaved exactly like
rational human beings in this regard.
The
researchers now brought in gambling. There were two games. In both a coin was tossed. But in one game, the capuchins received either
one grape or a bonus one, dependent on the coin flip. In the other game, the capuchins received
either two grapes or none, dependent again on the coin flip. Though the number of grapes that the
capuchins received would be the same on the average, the creatures showed a
remarkable preference for the first game.
That is, they avoided “the potential loss.” In other words, they revealed what economists
refer to as ‘loss aversion’ in human beings.
One
day the researchers were shocked by an act of mischief (or crime?) perpetrated by one particular capuchin named
Felix. Felix collected his 12 coins and,
instead of buying food for them as usual, flung the coins in the cage. Then he made a dash for them. But chaos ensued. Not only Felix, but all other capuchins made
a dash for the coins scattered in the cage.
Nothing would persuade the capuchins to part with the coins they got
illegally. Nothing, that is, but the
bribe of food. They exchanged their
ill-gotten coins for the food provided by the researchers. They learnt a new lesson: crime pays.
The
researchers were in for more shock. As
they watched they saw one male capuchin approaching a female one with the coin he
had captured. The female one had not got
anything in the scramble. Ken and his
companion initially thought that the capuchin was being altruistic. They were fascinated – until they saw the two
creatures engaged in sex a few seconds later.
They were watching “the first
instance of monkey prostitution in the recorded history of science.” [The quoted phrase is from Superfreakonomics by S D Levitt & S
J Dubner. I’ve adapted this whole
article from the last chapter of this book.
I acknowledge my debt to the authors.]
Ken
and his companion were not allowed to continue their experiments any
further. The psychologist who owned the
capuchins thought that the two economists would cause irreparable damage to the
social structure of the capuchins. So
much so that the offspring of the capuchins might want to ride BMWs or go to
the outer space for honeymoon or...
Money degenerates creatures so much! ?
ReplyDeleteYes, and if the capuchins were allowed to continue using money they would have evolved into another species of human beings :)
DeleteGood read with the dash of hilarious ending...
ReplyDeleteThe whole experiment is hilarious in a way. But it also throws much light into how we, human beings, behave when money is the focus...
DeleteVery good post!!!!
ReplyDeleteThanks, Bhavani. Look forward to seeing you here oftener.
DeleteGreat experiment and learning. Thank you for sharing this.
ReplyDeleteThe book, Superfreakonomics, is a very interesting read, Shweta.
DeleteThat is the world goes round....hilarious one was smiling and nodding my head that how money rules
ReplyDeleteAnd the world will keep revolving on the same axis, Datta. Comedy or tragedy, I don't know.
DeleteHa ha ha ha :D.. Nice piece Matheikal :).. Money sure finds its inroads into the society. Money and sex, no wonder the capuchins are so similar to humans :)
ReplyDeleteThe capuchins are interested only in two things: food and sex. That's one reason why they were chosen for the experiment. They are so similar to human beings, said the experimenters. Ha ha ha.
DeleteAs they watched they saw one male capuchin approaching a female one with the coin he had captured. The female one had not got anything in the scramble, all the things are similar to human being . great post
ReplyDeleteWe can start an interesting story from here, you know. The capuchin who had got only one coin in the scramble was a kind of loser in the scramble and he was trying to prove that he wasn't a loser in the end>
DeleteExperiment reminds me of 'planet of the apes' :)
ReplyDeleteWe are their descendants :)
DeleteAmazing experiment to show money changes minds
ReplyDeleteMoney is the most powerful tool today in our given world. Buy a BMW and see the world around you changing drastically.
DeleteWow that was awesome post, really money ruins everything.......
ReplyDeleteMoney can also construct instead of ruining. It's up to us.
DeleteThank God they did not give Credit Cards to the Monkeys. We would have seen the first recorded Monkey Bankruptcy or the first recorded Monkey Suicide.
ReplyDeleteNo doubt. We, human beings, really evolved from them, nah?
Delete