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The Endowment Effect in Capuchin Monkeys
Humans and capuchin monkeys shared a common ancestor tens of millions of years ago. What does it tell us that we see loss of version, or the endowment effect, in monkeys as well as humans? Ud, i think it tells us that whatever cognitive strategies we're using are really, really old. It's just when we throw them into stock markets that they look a little corky.