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How Monkeys And Humans Make Irrational Financial Decisions

0 Comments 29 July 2010

How Monkeys And Humans Make Irrational Financial Decisions

Monkey see, monkey do!  Is it possible to study lower primates in order to decipher how we humans come to make irrational decisions? In this intriguing TEDTALKS Laurie Santos tackles how economic systems can be applied to monkeys and the negative outcome of giving them a monetary financial system.

http://www.ted.com Why do we make irrational decisions so predictably? Laurie Santos looks for the roots of human irrationality by watching the way our primate relatives make decisions. A clever series of experiments in “monkeynomics” shows that some of the silly choices we make, monkeys make too.


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