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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 2: The Inescapable Mathematics of Musical Chairs.

Multiple Choice Questions

1. What does Schelling compare to the process of tracking the circulation of money in an economy?
(a) Musical chairs.
(b) Rumors circulating.
(c) The development and use of language.
(d) Water's movement from the ocean to clouds to rivers to the ocean.

2. What name does Schelling give to the effect people have on each other's behavior?
(a) Contingent behavior.
(b) Emotional intelligence.
(c) Archetypal intelligence.
(d) Anxiety of influence.

3. What does Schelling use his lecture to an audience of 800 people to illustrate?
(a) Spatial distribution.
(b) Group dynamics.
(c) Economic theories of entertainment.
(d) Randomness.

4. What does Schelling say about the frequency of pairs?
(a) Pairs are a human construct.
(b) Many phenomena occur in pairs.
(c) Pairs are common if your criteria are simple.
(d) Pairs are rare in nature but common in society.

5. What ingrained behavior does Schelling say informs the decision where to sit in a theater?
(a) Not to sit in front.
(b) Not to sit next to anyone.
(c) Not to sit near funny-looking people.
(d) Not to sit in the back.

Short Answer Questions

1. What does Schelling say about a bike owner buying a bike for $90 and selling it for $150?

2. How does Schelling say the success of society is evaluated?

3. What natural phenomenon does Schelling compare the economy to?

4. What does Schelling say individuals react to?

5. What does Schelling say the number of bikes stolen is almost identical to?

(see the answer key)

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