|Name: _________________________||Period: ___________________|
This test consists of 5 multiple choice questions and 5 short answer questions.
Multiple Choice Questions
1. What does Schelling say about offspring?
(a) They will probably look like their fathers.
(b) They will probably look like their maternal grandfathers.
(c) They will probably look like their paternal grandmothers.
(d) They will probably look like their mothers.
2. What example does Schelling use to illustrate decisions of the majority that can be known?
(a) How to dress for an office environment.
(b) What language people speak.
(c) Whether people are only children.
(d) Whether people are vaccinated.
3. What does Schelling say about binary choices?
(a) Sometimes they are paradoxes.
(b) Everyone faces them at some point.
(c) They are the building blocks of economic modeling.
(d) They are like life or death decisions.
4. What does Schelling say will be necessary to satisfy people with a closed model?
(a) An additional regression model.
(b) An arbitray limit on the time period.
(c) An imposed division.
(d) A correction for young people.
5. What is the source of the final chapter in Micromotives and Macrobehavior?
(a) Schelling's class lecture notes.
(b) Schelling's dissertation.
(c) Schelling's Pulitzer lecture.
(d) Schelling's Nobel lecture.
Short Answer Questions
1. What is an externality?
2. What example does Schelling use to explain the closed system with a density enhancement?
3. What does the success of a binary choice model depend on, in Schelling's analysis?
4. How does Schelling say chromosomal modification might be useful?
5. What has to happen before hockey players will accept the requirement to wear helmets, in Schelling's analysis?
This section contains 371 words
(approx. 2 pages at 300 words per page)