It goes without saying that the human species otherwise known as "Homo sapiens" is the most intelligent, intelligent and multi-talented species of any species in the world. In addition to being intelligent, the human species is also an extremely vain species. People like to justify their mistakes and strive to prove their points in an attempt to explore their intelligence. Although intelligent, humans are incredibly stupid when it comes to making decisions. To prove this fact, humans tend to misappropriate resources when it comes to making investment decisions. This has been the only reason why financial markets have always collapsed! The truth is, although humans make mistakes, the sad thing is that they keep repeating the same mistakes over and over again. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay According to social scientists, when placed in certain contexts, humans brutally make specific and predictable errors. Most of these mistakes have no justification and when man gets negative feedback he tends to repeat the same mistakes. The biggest question of all time is; no matter how intelligent man is, why does he continue to make the same serious mistakes? To answer this question it is important to ask ourselves. First, what are mistakes and why do we make mistakes? Where do the errors originate? Come to think of it, it's probably not our fault, right? To avoid making mistakes, humans should probably consider eliminating technologies and sophistications that are not manageable and develop new ones instead. Well, this is just one of the possibilities. The other possibility could be the fact that humans are terribly designed to keep making mistakes over and over again! To draw the line between these two possibilities, we should probably look at primates like the brown capuchin monkey. To determine how wise primates are and whether they make mistakes repeatedly like humans, consider the economic decisions of apes. As a result, Laurie Santo began teaching the Yale monkeys how to actually use money to purchase items. In the experiment, monkeys entered the market, spent their entire budget, and came back. They evidently did not save money and also had spontaneous evidence of theft. They snatched tokens at every available opportunity. To see if the monkeys repeatedly made the same mistakes, economic experiments involving risky and safe situations were conducted. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Just like humans, the monkeys in the experiment chose the same options as people and acted irrationally, implying that they also acted differently in loss and gain situations. People are risk averse and prefer safe options. One thing that is clear is the fact that human beings think in absolute and not relative terms. From my experience and interaction with people, humans hate when things go wrong. In this case, man tends to change preferences to avoid losses! When equity investors experience losses, they hold onto stocks much longer and value them in relative terms. When people sell homes, they accumulate them to avoid selling them at a loss. Therefore, it is plausible to conclude that human errors are natural and date back to evolutionary history. I also think that we are not only rigid but also out of it.!