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.
OK, this is embarrassing. The speaker REVEALS how we THINK that we are supersmart (and vain about it) but, in reality, using her words, “we can also be incredibly, incredibly dumb when it comes to some aspects of our decision making.” Continue reading TED Talk of the Day #008: A monkey economy as irrational as ours