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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 3: Thermostats, Lemons, and Other Families of Models.
Multiple Choice Questions
1. To what does Schelling compare a sociologist?
(a) A naturalist.
(b) A musician.
(c) A mathematician.
(d) A forest ranger.
2. What does Schelling say was seeking equilibrium as America's space industry interacted with the Russians'?
(a) The system of America's space agencies.
(b) The system of America's military defense industry.
(c) The system of technical knowledge itself.
(d) The system of America's universities which produced scientists.
3. What does Schelling say the defines independent variable in a behavioral system?
(a) The sum of the independent variables in linked systems.
(b) The imp of the perverse.
(c) The sum of the dependent variables.
(d) The sum of the dependent variables in parallel systems.
4. What does Schelling compare to the process of tracking the circulation of money in an economy?
(a) Water's movement from the ocean to clouds to rivers to the ocean.
(b) Rumors circulating.
(c) Musical chairs.
(d) The development and use of language.
5. What does Schelling say is essential to economic analysis?
(a) Profit and loss.
(c) Income and economic growth.
(d) Accounting statements.
Short Answer Questions
1. What does Schelling say most people will say about their driving?
2. What does Schelling say governs each decision?
3. What does Schelling say about balance in individual cases?
4. What does Schelling say the presence of a small group of black students in a college student body does for any economic propositions about the behavior of that student body?
5. What does Schelling say is the term for a situation where two people hurt themselves and each other by making self-interested decisions?
This section contains 307 words
(approx. 2 pages at 300 words per page)