Quarterly Journal of Economics Vol. 96 No. 1 1981

Demand Curves for Animal Consumers

John H. Kagel¹; Raymond C. Battalio¹; Howard Rachlin²; Leonard Green³

¹ Mitchell Institute · ² Stony Brook University · ³ Washington University in St. Louis

Abstract

Results are reported from experiments showing that both income-compensated and ordinary (uncompensated) demand curves for nonhuman consumers are negatively sloped. Essential commodities are determined to be gross complements, while nonessential goods are independent or gross substitutes. The experiments extend the concepts underlying value theory to nonhumans and provide a basis for intensive experimental investigations of additional aspects of the theory.

DOI

10.2307/2936137

Volume

96

Issue

1

Pages

1

Sources

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