I believe that we still have a lot to learn from our mistakes.
When it comes to making financial decisions, people often make mistakes. Interestingly, some mistakes are so difficult to avoid that even professional money managers make them. Since these biases are so ingrained into our decision process, we suspect they may have developed long ago in our evolutionary past - perhaps as far back even as when humans and monkeys shared a common ancestor. In order to investigate this, my research compares neural activity during complex decision making behavior in rats, monkeys and humans.