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This quiz consists of 5 multiple choice and 5 short answer questions through Part IV (Chapters 9 - 11).

Multiple Choice Questions

1. In Chapter 7, how did Tversky and Kahneman classify the relationship between prediction and judgment?
(a) Uncertainty is a necessary precursor for both prediction and judgment.
(b) A prediction is a judgment that involves uncertainty.
(c) A prediction always comes after a judgment.
(d) A judgment is more important than a prediction.

2. Once Tversky and Kahneman felt they had exhausted their research into judgment, what topic did they turn to?
(a) Empathy.
(b) Fear.
(c) Happiness.
(d) Decision-making.

3. What feeling was regret closely linked to, according to Tversky's and Kahneman's research in Chapter 9?
(a) Coming close to some goal or desire but not achieving it.
(b) Feeling anger towards a parent.
(c) Disliking one's spouse.
(d) Hurting someone else's feelings.

4. In Chapter 3, who was only 18 years old when he was identified by the Israeli army as leadership material?
(a) Marshall Minklestein.
(b) Amnon Rapoport.
(c) Amos Tversky.
(d) Danny Kahneman.

5. What one question did Kenneth Arrow ask Tversky after his lecture in Chapter 10?
(a) What can we apply from this lecture to the field of economics?
(b) What is a gain?
(c) What is a loss?
(d) What is the difference between regret and envy?

Short Answer Questions

1. In Chapter 11, at what institution was Miles Shore the Bullard Professor of Psychiatry?

2. Who was the psychology professor who thought Tversky's and Kahneman's early work would win a Nobel Prize in Economics?

3. Where was Richard Thaler an assistant professor in 1975?

4. What subject was Kahneman running experiments on in his Berkeley lab by the time he met Redelmeier?

5. What was Tversky's favorite television drama?

(see the answer key)

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