The World's Most Expensive Shrimp ($10k)

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By Henry Reich and Neptune Studios. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Check out Brilliant (and get 20% off) here: https://brilliant.org/MinuteEarth/ Some aquarium hobbyists will pay $10,000 or more for a single shrimp because of the rarity of their colors or patterns. LEARN MORE ************** To learn more about this topic, start your googling with these keywords: Chromatophores: pigment-containing cells in the deeper layers of the skin of animals like shrimp Restricted availability theory: a commodity is available or perceived to be available only for certain individuals Reactance theory: unavailability of a commodity is perceived as a threat to an individual’s freedom to posses that commodity, making it more desirable. Scarcity heuristic: a mental shortcut that places value on items based on how easy it is to miss out on them. If you liked this week’s video, you might also like: Check out this Taiwanese news broadcast about fancy shrimp breeding: https://www.youtube.com/watch?v=KxjUEhryDEA SUPPORT MINUTEEARTH ************************** If you like what we do, you can help us!: - Become our patron: https://patreon.com/MinuteEarth - Share this video with your friends and family - Leave us a comment (we read them!) CREDITS ********* This video was produced by: Julián Gustavo Gómez (@thejuliangomez) | Script Writer, Narrator and Director Sarah Berman (@sarahjberman) | Illustration, Video Editing and Animation Nathaniel Schroeder | Music Feedback on drafts by: David Goldenberg, Alex Reich, Henry Reich, Peter Reich, Ever Salazar and Kate Yoshida MinuteEarth is produced by Neptune Studios LLC https://neptunestudios.info Henry Reich | Executive Producer David Goldenberg | Production Manager Melissa Hayes | Business & Legal Counsel Kate Yoshida | Chief Editor Ever Salazar | Creative Director Julián Gustavo Gómez | Community Manager OTHER CREDITS ***************** White Painted (Kai Bai) Shrimp photo by Demin Wong Blue Bolt Shrimp photo by Jeffrey Kelley OUR LINKS ************ Youtube | https://youtube.com/MinuteEarth TikTok | https://tiktok.com/@minuteearth Twitter | https://twitter.com/MinuteEarth Instagram | https://instagram.com/minute_earth Facebook | https://facebook.com/Minuteearth Website | https://minuteearth.com Apple Podcasts| https://podcasts.apple.com/us/podcast/minuteearth/id649211176 REFERENCES ************** Bauer, R. T. "Color patterns of the shrimps Heptacarpus pictus and H. paludicola (Caridea: Hippolytidae)." Marine Biology 64.2 (1981): 141-152. John, Maria, et al. "The preference for scarcity: A developmental and comparative perspective." Psychology & Marketing 35.8 (2018): 603-615. Lukhaup, Chris. “Freshwater Shrimps: The next Generation.” Practical Fishkeeping, 14 May 2019, www.practicalfishkeeping.co.uk/features/freshwater-shrimps-the-next-generation/. Lynn, Michael. "The psychology of unavailability: Explaining scarcity and cost effects on value." Basic and Applied Social Psychology 13.1 (1992): 3-7. Verhallen, Theo MM, and Henry SJ Robben. "Unavailability and the evaluation of goods." KYKLOS-BERNE- 48 (1995): 369-369.

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