Monkey economy works

Jul 13, 2009
Monkey economy works
Image (c) Ronald Noë

(PhysOrg.com) -- A monkey that has acquired the sole power to hand out apples is generously rewarded with grooming sessions by the other monkeys in its group. But as soon as another monkey can hand out apples as well, the market value of the first monkey is halved. The monkeys therefore unerringly obey the law of supply and demand. Dutch-sponsored researchers Ronald Noë, Cécile Fruteau and Eric van Damme demonstrated this in their article that was published online on 7 July by the renowned journal PNAS (Proceedings of the National Academy of Sciences).

Cécile Fruteau placed with highly-desired pieces of apple in two groups of South African vervet . For the monkeys there was just one problem: only one in each group could open the food container. This monkey had a low position in the rank order and was therefore scarcely groomed. However, as soon as she acquired the power to hand out apples she was valued more and was groomed a lot by the rest of the group. Yet she could only enjoy that privilege briefly; the researchers placed a second food container that could be opened by another low-ranking female. From that moment onwards the market value of the first monkey was halved, and she was therefore groomed half as often.

Long-term planning

The experiments revealed that the female monkeys that could open the food containers were groomed more than when they exerted no power over the food production. The females concerned also did not have to groom the other monkeys as long. They were therefore paid for their services as food suppliers. Biological market theory predicts that the market value of these female monkeys should vary according to the law of supply and demand. The fact that the grooming time of the first monkey was halved as soon as the second monkey gained the power to distribute apples, confirms this idea; the price of goods - in this case the female monkeys who could open the containers - was instantaneously adjusted to the market.

Immediately after the opening of the food containers, the researchers registered how long the females were groomed for. The next occasion on which the females could open a container was, however, several days later. The fact that the females were still groomed more indicates that the vervet monkeys apply a strategy that works in the long term. The choice of partners is also influenced by long-term attitudes; the monkeys can value one monkey relatively more than the others.

A change in price - grooming for less long if there is another monkey that supplies apples - is only possible if a negotiation process takes place. Many economists assume that such negotiations can only take place if they are concluded with a contract. However, the vervet monkeys do not have the possibility to conclude such binding contracts and yet they still succeed in agreeing to a change in price for a service.

The research of Eric van Damme (Tilburg University) and Ronald Noë (University of Strasbourg) is part of the Evolution and Behaviour research programme of the NWO Division for Social Sciences.

Provided by NWO

Explore further: Keep dogs and cats safe during winter

add to favorites email to friend print save as pdf

Related Stories

Researchers find monkeys enjoy giving to others

Aug 25, 2008

Researchers at the Yerkes National Primate Research Center, Emory University, have shown capuchin monkeys, just like humans, find giving to be a satisfying experience. This finding comes on the coattails of a recent imaging ...

Brits rescue 88 research monkeys

Jan 30, 2008

Dozens of research monkeys used by a Chilean medical laboratory were sent to England following threats by an animal rights group.

Subordinate monkeys more likely to choose cocaine over food

Apr 06, 2008

Having a lower social standing increases the likelihood that a monkey faced with a stressful situation will choose cocaine over food, according to a study at Wake Forest University School of Medicine. More dominant monkeys ...

Viruses Can Jump Between Primates and Humans

Aug 24, 2006

Viruses that jump the species barrier between monkeys and humans can harm both people and animals, and we should take steps to reduce the risk of virus transmission. That's the message running through the September issue ...

Recommended for you

Keep dogs and cats safe during winter

Dec 27, 2014

(HealthDay)—Winter can be tough on dogs and cats, but there are a number of safe and effective ways you can help them get through the cold season, an expert says.

Scientists target mess from Christmas tree needles

Dec 26, 2014

The presents are unwrapped. The children's shrieks of delight are just a memory. Now it's time for another Yuletide tradition: cleaning up the needles that are falling off your Christmas tree.

The ants that conquered the world

Dec 24, 2014

About one tenth of the world's ants are close relatives; they all belong to just one genus out of 323, called Pheidole. "If you go into any tropical forest and take a stroll, you will step on one of these ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.