EXPERIMENTAL STUDIES OF CONSUMER DEMAND BEHAVIOR USING LABORATORY ANIMALS | Academic Article individual record
abstract

Using laboratory animals as subjects, two series of experimental studies of consumer demand behavior are reported. The experiments show that laboratory animals will change consumption patterns in response to changes in the budget set, consuming more of the lower priced commodities and less of the higher priced commodities. Large rotations in the budget line for essential commodities resulted in severe disruption of consumer behavior. The experiments demonstrate the feasibility of using non‐human subjects in laboratory studies of economic behavior. Copyright © 1975, Wiley Blackwell. All rights reserved

author list (cited authors)
KAGEL, J. H., RACHLIN, H., GREEN, L., BATTALIO, R. C., BASMANN, R. L., & KLEMM, W. R.
publication date
1975
publisher
Wiley Publisher
published in
altmetric score

4.0

citation count

72