Ontology highlight
ABSTRACT:
SUBMITTER: Wendt S
PROVIDER: S-EPMC6606023 | biostudies-literature | 2019 Jul
REPOSITORIES: biostudies-literature
Wendt Stephanie S Strunk Kim S KS Heinze Jürgen J Roider Andreas A Czaczkes Tomer J TJ
eLife 20190702
Humans usually assess things not according to their absolute value, but relative to reference points - a main tenant of Prospect Theory. For example, people rate a new salary relative to previous salaries and salaries of their peers, rather than absolute income. We demonstrate a similar effect in an insect: ants expecting to find low-quality food showed higher acceptance of medium-quality food than ants expecting medium quality, and vice versa for high expectations. Further experiments demonstra ...[more]