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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. What did Tversky and Kahneman write that people's intuitive expectations are governed by in one of their early papers?
(a) Hunger.
(b) A consistent misperception of the world.
(c) Fear.
(d) Love.

2. What book did Richard Thaler's father ask him to copy lines from when he was a child?
(a) The Chariots of Fire.
(b) The Jungle.
(c) The Adventures of Tom Sawyer.
(d) A Tale of Two Cities.

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

4. What did Tversky like to do in the summer of 1970 as he talked through some ideas with friends?
(a) Play hockey.
(b) Play soccer.
(c) Shoot baskets.
(d) Play video games.

5. Why was Kahneman's father released from the Nazi prison camp after six weeks?
(a) His child begged for his release.
(b) His employer, Eugene Schueller, asked for his release.
(c) His wife lobbied for his safe return.
(d) He had connections in the French government.

Short Answer Questions

1. What did Kahneman and Tversky discover about the soldiers' reasons for fighting?

2. What used to cause Kahneman a great deal of shame as a boy in the early 1940s?

3. Which team did Morey do some consulting for when he was a young man?

4. What kind of class did Morey enroll in during his time at Harvard Business School?

5. Who was in charge of Israel's Ministry of Foreign Affairs that asked Kahneman for help in 1974?

(see the answer key)

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