Ted Talk Tuesday

We thought it would be fun to add another perspective to our interviews with Ted Talks. Laurie Santos, a psychologist, talks about how humans and monkeys share a tendency to make irrational economic choices. Since Wendy Land-Carillo works with traders and clients who are buying and selling stocks, bonds, and commodities. They use data modeling and research to make their decisions, but I suspect the markets are subject to just the types of irrationality Santos talks about...

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.