Monday, 9 June 2014

Chimps Understand Game Theory Better Than Humans In New Study

June 6, 2014

April Flowers for – Your Universe Online

As humans, we tend to take great pride in our position at the top of the food chain. A new study from CalTech, however, shows that, when it comes to competition, we might not rank as high as our cousins, the chimps.

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The findings, published online in Scientific Reports, found that chimps at the Kyoto University Primate Research Institute consistently outperformed humans in simple contests based on game theory.

David Levine, professor of Economics at UCLA, defines game theory as the theory of social situations because it focuses on how groups of people interact with each other. There are two varieties of game theory, cooperative and non-cooperative.

Colin Camerer, CalTech’s Robert Kirby Professor of Behavioral Economics, led the chimp / human study in game theory.

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