Rational Fools: (Ir)rational Choices of Humans, Rhesus Macaques, and Capuchin Monkeys in Dynamic Stochastic Environments

Human and animal decision-making is known to violate rational expectations in a variety of contexts. Statistical structures of real-world environments may account for such seemingly irrational behavior. In a computerized experiment, 16 capuchins, 7 rhesus monkeys, and 30 humans chose between up to t...

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Bibliographic Details
Main Author: Watzek, Julia
Format: Others
Published: ScholarWorks @ Georgia State University 2017
Subjects:
Online Access:http://scholarworks.gsu.edu/psych_theses/159
http://scholarworks.gsu.edu/cgi/viewcontent.cgi?article=1161&context=psych_theses