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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 7: Hockey Helmets, Daylight Saving, and Other Binary Choices.

Multiple Choice Questions

1. What does Schelling say individual behaviors have in economic analysis?
(a) Mathematical equality.
(b) Statistical insignificance.
(c) Statistical predictability.
(d) Randomness.

2. What does Schelling say about economic systems that allow unequal distribution of wealth?
(a) That, based on human nature, they are inevitable.
(b) That they are admirable.
(c) That they compel amazement, but not admiration.
(d) That they are pernicious.

3. What is an unconditional preference?
(a) A preference that does not acknowledge other alternatives.
(b) A preference that does not change regardless of others' actions.
(c) A force of psychological nature.
(d) A preference that has to be adopted by all members of a group.

4. How do people affect each other's decisions where to sit in theater?
(a) Theatres fill randomly.
(b) Early arrivals sit in back, then the rest fill from the rear.
(c) Theatres fill from the middle to the sides and back.
(d) Theatres fill from the back-middle to the front and then to the back.

5. What is an externality?
(a) A factor that the social scientist has to include to balance the appearance of bias in his model.
(b) When another person's actions affect your decision.
(c) A consequence unrelated to the choice, but one that proceeds from it and has to be considered.
(d) When additional factors change the terms of the binary choice.

Short Answer Questions

1. What does Schelling say governs each decision?

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

3. How hockey players feel when the league makes helmets mandatory, in Schelling's analysis?

4. What does Schelling say about the number of genetic variations that can take place when a man and a woman have a baby?

5. What process does Schelling imagine parents choosing to undergo, in his hypothetical example?

(see the answer key)

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