How scientists taught monkeys the concept of money.

[nirmalpattara]

"Keith Chen and Laurie Santos gave capuchin monkeys a silver piece with a hole and taught them that the coins could be traded for things like fruit. After all the monkeys understood, each one was given 12 coins to spend on items like grapes and Jell-O.

To find out if the monkeys were mindlessly spending, Chen and Santos lowered the price of Jell-O and raised the price of grapes. The monkeys responded by buying more Jell-O and less grapes, just like how humans act with cash.

The monkeys were even taught to gamble and the monkeys made the same choices as a human would! Later on, observers noticed that one of the capuchin monkeys paid another monk "

http://www.zmescience.com/research/how-s...-appeared/

This is an old story but I found it very interesting. I searched for monkey money and found nothing but if another thread exists then I'm sorry.

nirmalpattara Reviewed by nirmalpattara on 22nd Feb 2012. How scientists taught monkeys the concept of money. "Keith Chen and Laurie Santos gave capuchin monkeys a silver piece with a hole and taught them that the coins could be traded for things like fruit. After all the monkeys understood, each one was given 12 coins to spend on items like grapes and Jell-O. To find out if the monkeys were mindlessly spending, Chen and Santos lowered the price of Jell-O and raised the price of grapes. The monkeys responded by buying more Jell-O and less grapes, just like how humans act with cash. The Rating: 5

[foxman]

Man came from Monkeys. Not surprising.

[ENC0DE]

Hahah nice!

[Prazsky]

Your ancestors were monkeys long ago. Learn to respect them

[immu]

lol
i was imaginig the article lol

Offtopic:

the same fallowed by Wupload too lOL.. JK!

[nirmalpattara]

I was amazed to see this.

[MonkeyDemul]

Yes my nick explains it all !

[ceekeigh]

That's nice. Maybe they're really intelligent like humans.