Monday, December 26, 2011

Bees teach investors handy lessons | Adelaide Now

English: A Blue-banded bee (Amegilla sp.) coll...Image via Wikipedia
Bees teach investors handy lessons | Adelaide Now:

Are bees risk averse?  Would they rather have less, but a sure thing?  or are they gamblers willing to take chances for a bigger payoff?  





If you said risk averse, you are correct!



 From Adelaidnow.com :

"During the experiment bees were given their own investment choice to make: Either feed from blue flowers which always contained 2ml of nectar without fail, or gorge on yellow flowers, which were randomly mixed so that one in three contained a triple payoff with 6ml nectar.

The experiment showed that bees initially "invested" evenly in both colors. But they quickly learned to stick to blue flowers, which always contained 2ml of nectar. In fact, they preferred the reliable blue flowers over the yellow flowers 84 per cent of the time."
Enhanced by Zemanta

No comments: