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.
Have you read the breakthrough novel of the year? When you are done with that, try:
In Search of Sungudogo by Greg Laden, now in Kindle
or Paperback
*Please note:
Links to books and other items on this page and elsewhere on Greg Ladens' blog may send you to Amazon, where I am a registered affiliate. As an Amazon Associate I earn from qualifying purchases, which helps to fund this site.
or Paperback
*Please note:
Links to books and other items on this page and elsewhere on Greg Ladens' blog may send you to Amazon, where I am a registered affiliate. As an Amazon Associate I earn from qualifying purchases, which helps to fund this site.
Fascinating talk. Laurie Santos is also a very good speaker.
Yikes, the monkey in me comes out way more often than I like to think!!
I don’t think the monkeys ever actually lost anything. They always gained something in every trial. Even if it’s just one grape.
I don’t think that’s the case with the humans in all the economic environments mentioned in the piece (home mortgages, etc).
So, if we replaced Wall Street analysts with monkeys, we might not very be worse off? What are we waiting then?