--- fabio guillermo rojas <[EMAIL PROTECTED]> wrote:
> By that logic, animals are economic
> actors - animals seem to choose their actions. 

To some degree, to the degree that choice is involved, some animals are
economic actors.
However, most animals seem to be controlled by genetic programming
(instince), so choice is not involved, but the genetic behavior does indeed
adhere to economizing, otherwise the species would not survive.  The
fittest are also the economizing.
 
> when do humans start to engage in *sophisticated* economic behaviors not
> found in animals? For example, at what age are children able to
> understand the concept of interest?

In terms of discounting the future, or what?

> At what age do children understand that exchange can make you better off?

When they understand that theft will not.

Fred Foldvary

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