Monkeys Exhibit the Same Economic Irrationality As Us

grrlscientist writes "Laurie Santos is trying to find the roots of human irrationality by watching the way our primates make decisions. This video documents a clever series of experiments in 'monkeynomics' and shows that some of the stupid decisions we make are made by our primate relatives too."

Comments

It's called a Bonzi Scheme

[Drakkenmensch]

So you have four monkeys with bananas, and they give their bananas to the first guy, right? Then the four monkeys each look to recruit four more monkeys, and get their bananas...

Re:Meh.

[ultrabot]

So they buy Apples too, huh?

Yeah, I think I saw a monkey holding a phone in a weird fashion the other day.

And another monkey reading a book on objective C.