full transcript

From the Ted Talk by Laurie Santos: A monkey economy as irrational as ours

Unscramble the Blue Letters


But of course, you know, the reason you're luhiangg is bad for humans too. Because we've anrweesd the question we started out with. We wanted to know where these kinds of errors came from. And we started with the hope that maybe we can sort of tweak our financial institutions, tweak our technologies to make ourselves better. But what we've learn is that these biases might be a deeper part of us than that. In fact, they might be due to the very nature of our evolutionary hsrtoiy. You know, maybe it's not just humans at the right side of this chain that's duncey. Maybe it's sort of duncey all the way back. And this, if we believe the ccaipuhn mnekoy results, mnaes that these duncey strategies might be 35 million years old. That's a long time for a strategy to potentially get chngead around — really, really old.

Open Cloze


But of course, you know, the reason you're ________ is bad for humans too. Because we've ________ the question we started out with. We wanted to know where these kinds of errors came from. And we started with the hope that maybe we can sort of tweak our financial institutions, tweak our technologies to make ourselves better. But what we've learn is that these biases might be a deeper part of us than that. In fact, they might be due to the very nature of our evolutionary _______. You know, maybe it's not just humans at the right side of this chain that's duncey. Maybe it's sort of duncey all the way back. And this, if we believe the ________ ______ results, _____ that these duncey strategies might be 35 million years old. That's a long time for a strategy to potentially get _______ around — really, really old.

Solution


  1. changed
  2. laughing
  3. capuchin
  4. monkey
  5. means
  6. history
  7. answered

Original Text


But of course, you know, the reason you're laughing is bad for humans too. Because we've answered the question we started out with. We wanted to know where these kinds of errors came from. And we started with the hope that maybe we can sort of tweak our financial institutions, tweak our technologies to make ourselves better. But what we've learn is that these biases might be a deeper part of us than that. In fact, they might be due to the very nature of our evolutionary history. You know, maybe it's not just humans at the right side of this chain that's duncey. Maybe it's sort of duncey all the way back. And this, if we believe the capuchin monkey results, means that these duncey strategies might be 35 million years old. That's a long time for a strategy to potentially get changed around — really, really old.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
capuchin monkey 3
relative terms 3
human species 2
financial markets 2
social scientists 2
noble species 2
million years 2
good news 2
quick video 2
paying attention 2
monkey marketplace 2
monkeys entered 2
monkey financial 2
dollar bills 2
risky loss 2
biological limitations 2


Important Words


  1. answered
  2. bad
  3. biases
  4. capuchin
  5. chain
  6. changed
  7. deeper
  8. due
  9. duncey
  10. errors
  11. evolutionary
  12. fact
  13. financial
  14. history
  15. hope
  16. humans
  17. institutions
  18. kinds
  19. laughing
  20. learn
  21. long
  22. means
  23. million
  24. monkey
  25. nature
  26. part
  27. potentially
  28. question
  29. reason
  30. results
  31. side
  32. sort
  33. started
  34. strategies
  35. strategy
  36. technologies
  37. time
  38. tweak
  39. wanted
  40. years