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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 4, what did Dalia Etzion say Kahneman had difficulty distinguishing between?
(a) A hope and a dream.
(b) A good person and a traitor.
(c) A waste of time and a worth-while pursuit.
(d) An efficient soldier and an inefficient one.

2. Which theorist had offered an alternative to utility theory in the 1950s?
(a) Jonathan Keynes.
(b) Maurice Allais.
(c) Richard Thaler.
(d) Murray Gell-Mann.

3. What was Lew Goldberg's work known for addressing?
(a) The idea that being cold makes one more likely to participate in violent acts.
(b) The idea that people's consumer habits are influenced heavily by colors.
(c) The idea that expert judgments could be less reliable than algorithms.
(d) The idea that being hungry makes one buy more when grocery shopping.

4. Why does Morey choose to ban nicknames from use on the NBA team he manages?
(a) They can add to bias and cloud judgment when picking players.
(b) They can give the team a bad reputation.
(c) They can lead to fights on the court.
(d) They can hurt players' feelings.

5. What did Tversky and Kahneman eventually title their work about decision-making?
(a) Marshall Theory.
(b) Loss Theory.
(c) Gain Theory.
(d) Prospect Theory.

Short Answer Questions

1. Which of the following books did Kahneman like as a boy?

2. What did the Israeli army mistakenly think was the result of superiors praising pilots?

3. In Chapter 3, who was only 18 years old when he was identified by the Israeli army as leadership material?

4. What role did Tversky have when he first joined the Israeli army?

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

(see the answer key)

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