Literature DB >> 33423622

Conditional valuation for combinations of goods in primates.

Hui-Kuan Chung1, Carlos Alós-Ferrer1, Philippe N Tobler1.   

Abstract

Valuing goods and selecting the one with the highest value forms the basis of adaptive behaviour across species. While it is obvious that the valuation of a given type of goods depends on ownership and availability of that type of goods, the effects of other goods on valuation of the original good are sometimes underappreciated. Yet, goods interact with each other, indicating that the valuation of a given good is conditional on the other goods it is combined with, both in the wild and the laboratory. Here, we introduce conditional valuation in the context of valuing multiple goods and briefly review how human and animal experimentalists can leverage economic tools for the study of interactions among goods. We then review evidence for conditional valuation for combined foods in both human and non-human primates. In the laboratory, non-human primates show increased valuation of certain combinations of foods but decreased valuation of other types of combinations. Thus, similarly to humans, monkeys appear to value combinations of goods in a conditional fashion. Additionally, both humans and monkeys appear to employ similar neural substrates for the valuation of single goods, such as the orbitofrontal cortex. Together, investigations of our evolutionary precursors may provide insights on how we value interacting goods. This article is part of the theme issue 'Existence and prevalence of economic behaviours among non-human primates'.

Entities:  

Keywords:  decision making; joint consumption; valuation

Mesh:

Year:  2021        PMID: 33423622      PMCID: PMC7815435          DOI: 10.1098/rstb.2019.0669

Source DB:  PubMed          Journal:  Philos Trans R Soc Lond B Biol Sci        ISSN: 0962-8436            Impact factor:   6.237


  24 in total

Review 1.  Value, pleasure and choice in the ventral prefrontal cortex.

Authors:  Fabian Grabenhorst; Edmund T Rolls
Journal:  Trends Cogn Sci       Date:  2011-01-07       Impact factor: 20.229

2.  Orbitofrontal cortex encodes willingness to pay in everyday economic transactions.

Authors:  Hilke Plassmann; John O'Doherty; Antonio Rangel
Journal:  J Neurosci       Date:  2007-09-12       Impact factor: 6.167

3.  Identity-specific coding of future rewards in the human orbitofrontal cortex.

Authors:  James D Howard; Jay A Gottfried; Philippe N Tobler; Thorsten Kahnt
Journal:  Proc Natl Acad Sci U S A       Date:  2015-04-06       Impact factor: 11.205

4.  Monkeys choose as if maximizing utility compatible with basic principles of revealed preference theory.

Authors:  Alexandre Pastor-Bernier; Charles R Plott; Wolfram Schultz
Journal:  Proc Natl Acad Sci U S A       Date:  2017-02-15       Impact factor: 11.205

Review 5.  Reward Systems in the Brain and Nutrition.

Authors:  Edmund T Rolls
Journal:  Annu Rev Nutr       Date:  2016-05-04       Impact factor: 11.848

6.  Physiological role of pleasure.

Authors:  M Cabanac
Journal:  Science       Date:  1971-09-17       Impact factor: 47.728

Review 7.  The critical role played by animal source foods in human (Homo) evolution.

Authors:  Katharine Milton
Journal:  J Nutr       Date:  2003-11       Impact factor: 4.798

8.  The role of human orbitofrontal cortex in value comparison for incommensurable objects.

Authors:  Thomas H B FitzGerald; Ben Seymour; Raymond J Dolan
Journal:  J Neurosci       Date:  2009-07-01       Impact factor: 6.167

9.  Food variety-seeking in tufted capuchin monkeys (Cebus apella).

Authors:  Elsa Addessi
Journal:  Physiol Behav       Date:  2007-09-14

10.  Endowment effect in capuchin monkeys.

Authors:  Venkat Lakshminaryanan; M Keith Chen; Laurie R Santos
Journal:  Philos Trans R Soc Lond B Biol Sci       Date:  2008-12-12       Impact factor: 6.237

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  2 in total

1.  Economic behaviours among non-human primates.

Authors:  Sacha Bourgeois-Gironde; Elsa Addessi; Thomas Boraud
Journal:  Philos Trans R Soc Lond B Biol Sci       Date:  2021-01-11       Impact factor: 6.237

2.  Quantity-quality trade-off in the acquisition of token preference by capuchin monkeys (Sapajus spp.).

Authors:  E Quintiero; S Gastaldi; F De Petrillo; E Addessi; S Bourgeois-Gironde
Journal:  Philos Trans R Soc Lond B Biol Sci       Date:  2021-01-11       Impact factor: 6.237

  2 in total

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