full transcript

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

Unscramble the Blue Letters

You might say, well, maybe the meonyks just don't like risk. Maybe we should see how they do with losses. And so we ran a second version of this. Now, the monkeys meet two guys who aren't giving them bonuses; they're actually giinvg them less than they ecpext. So they look like they're starting out with a big amount. These are three grapes; the monkey's really psyched for this. But now they lraen these guys are going to give them less than they expect. They guy on the left is a safe loss. Every signle time, he's going to take one of these away and give the monkeys just two. the guy on the right is the risky loss. Sometimes he gives no loss, so the monkeys are really psyched, but sometimes he actually gives a big loss, taking away two to give the monkeys only one.

Open Cloze

You might say, well, maybe the _______ just don't like risk. Maybe we should see how they do with losses. And so we ran a second version of this. Now, the monkeys meet two guys who aren't giving them bonuses; they're actually ______ them less than they ______. So they look like they're starting out with a big amount. These are three grapes; the monkey's really psyched for this. But now they _____ these guys are going to give them less than they expect. They guy on the left is a safe loss. Every ______ time, he's going to take one of these away and give the monkeys just two. the guy on the right is the risky loss. Sometimes he gives no loss, so the monkeys are really psyched, but sometimes he actually gives a big loss, taking away two to give the monkeys only one.

Solution

  1. monkeys
  2. learn
  3. giving
  4. single
  5. expect

Original Text

You might say, well, maybe the monkeys just don't like risk. Maybe we should see how they do with losses. And so we ran a second version of this. Now, the monkeys meet two guys who aren't giving them bonuses; they're actually giving them less than they expect. So they look like they're starting out with a big amount. These are three grapes; the monkey's really psyched for this. But now they learn these guys are going to give them less than they expect. They guy on the left is a safe loss. Every single time, he's going to take one of these away and give the monkeys just two. the guy on the right is the risky loss. Sometimes he gives no loss, so the monkeys are really psyched, but sometimes he actually gives a big loss, taking away two to give the monkeys only one.

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. amount
  2. big
  3. expect
  4. give
  5. giving
  6. guy
  7. guys
  8. learn
  9. left
  10. loss
  11. losses
  12. meet
  13. monkeys
  14. psyched
  15. ran
  16. risk
  17. risky
  18. safe
  19. single
  20. starting
  21. time
  22. version