L. Santos: A monkey economy as irrational as ours

People are exceptionally rational, no other species are able to complete the tasks people are able to. But the people are also appear to be unique in a sense that they tend to make mistakes. Same silly mistakes over and over again. Is this error-proness a consequence of the rationality? Would presumably less rational beings do the same mistakes? Laurie Santos (and her team) have conducted a series of experiments on the capuchin monkeys and have seen how the irrationality is also present in the monkey economics or "monkeynomics" for short. We invite you to listen her talk.

This talk was given at TED event and is available on ted.com.