Monkeys understand trade

published Sep 29, 2023

And the relative value of goods too!

Monkeys understand trade

Check out this clip:

I love that experiment!  Even monkeys understand trade.

Moreso, monkeys also get the differences in value between goods!  As soon as Monkey #1 realizes he is getting an inferior good (cucumber yuk, grape yum) for the same price, he immediately and forcefully rejects the trade, displaying frustration and anger.

Bravo!  What a great experiment!