LEARNING HOW TO TRADE (transcript)

Panzi the chimp is about to show that although she can’t talk, her understanding of language is such that she
……………. understands the concept of trade and value.

We’re gonna put Panzi in a situation where there’s gonna be a ……………… of foods I’m getting ready right
now.

And in order to get those things, she’s gonna have to exchange a lexigram ……………….. with me.

So what we do is set up this board with one of each of these lexigrams, so that Panzi has the opportunity to
come …………………. here and choose one and then take them to Mike to get the food.

The food choices range from Panzi’s favorite oranges and bananas ………………. to less interesting items like
bread and carrots.

Go look what Mike’s got first, ok?

This test is at the ………………………. of research into chimp intelligence.

Can you give me the right token? Go get a token from Sara.

If Panzi understands that each token can buy her a particular food item, she should choose to buy her favorite
oranges and bananas first. This will demonstrate she understands the concept of currency and value.

Once Panzi has eaten all her favorite foods, she should realize that there is no ……………… in offering the
same token again.

By the end, Panzi has ………………….. bought and eaten her preferred foods. The only items left are the ones
that she does not particularly value.

Panzi’s astonishing ……………….. of the concept of trade and value have opened the door to an intriguing
possibility. Do chimpanzees in general share and trade …………………. themselves?

Back at Twycross Zoo, catcher Lebelle has spotted proof that they do.

A female chimp, Samantha, is observed giving a mango to her friend Jollie. For catcher, this small gesture
may have far …………………. implications about chimp intelligence.

If chimps share, they have a strategy or there’s a go, so they share something to basically get some benefit
……………………, to get something in return.

Behind this simple gesture lies a strategy of investment for …………………. future benefits.
Panzi the chimp is about to show that although she can’t talk, her understanding of language is such that she
too understands the concept of trade and value.

We’re gonna put Panzi in a situation where there’s gonna be a supply of foods I’m getting ready right now.

And in order to get those things, she’s gonna have to exchange a lexigram token with me.

So what we do is set up this board with one of each of these lexigrams, so that Panzi has the opportunity to
come over here and choose one and then take them to Mike to get the food.

The food choices range from Panzi’s favorite oranges and bananas down to less interesting items like bread
and carrots.

Go look what Mike’s got first, ok?

This test is at the cutting-edge of research into chimp intelligence.

Could you give the right token? Go get a token from Sara.

If Panzi understands that each token can buy her a particular food item, she should choose to buy her favorite
oranges and bananas first. This will demonstrate she understands the concept of currency and value.

Once Panzi has eaten all her favorite foods, she should realize that there is no point in offering the same token
again.

By the end, Panzi has successfully bought and eaten her preferred foods. The only items left are the ones that
she does not particularly value.

Panzi’s astonishing grasp of the concept of trade and value have opened the door to an intriguing possibility.
Do chimpanzees in general share and trade asmongst themselves?

Back at Twycross Zoo, catcher Lebelle has spotted proof that they do.

A female chimp Samantha is observed giving a mango to her friend Jollie. For catcher, this small gesture may
have far reaching implications about chimp intelligence.

If chimps share, they have a strategy or there’s a go, so they share something to basically get some benefit
afterwards, to get something in return.

Behind this simple gesture lies a strategy of investment for reaping future benefits.
 1. A man lives on the 100th floor of an apartment building. On rainy
days, he rides the elevator all the way up. However, on sunny days, he
goes half way and takes the stairs the rest of the way. Why?

2. There are three important rooms in a house. The first one is filled with money.
The second one is filled with important papers. The third one is filled with
jewelry. One day all of these rooms burst into fire. Which room did the
policemen put out the fire in first?

3. A man has a fox, a chicken, and a sack of grain. He must cross a river, but
cannot carry all of them at once. If he leaves the fox with the chicken, the fox
will eat the chicken. However, if he leaves the chicken with the grain, the
chicken will eat the grain. How can he get all three across safely?

4. You ask the sales associate in a hardware store, “How much will one cost?
“Twenty cents,” she replies.”And how much will twelve cost me?” you
ask.”Forty cents,” she replies.“OK, I’ll take one hundred and twelve.” How
much did you pay?