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This quiz consists of 5 multiple choice and 5 short answer questions through Part V (Chapters 12 - Coda).

Multiple Choice Questions

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

2. What prestigious award did Tversky receive in 1984?
(a) A MacArthur Fellowship.
(b) A Guggenheim Award.
(c) An Astor Award.
(d) A Nobel Prize.

3. Which team did Morey do some consulting for when he was a young man?
(a) The Oakland Athletics.
(b) The Atlanta Braves.
(c) The Boston Red Sox.
(d) The Washington Nationals.

4. What materials did researchers use to demonstrate Bayes's rule?
(a) Ribbons and books.
(b) Cookies and marshmallows.
(c) Book bags and poker chips.
(d) Needles and pins.

5. Which of the following did Tversky and Kahneman find that people overwhelmingly chose in gambling simulations?
(a) A sure smaller gain over a possible larger gain.
(b) A sure loss over a sure gain.
(c) A large amount of money over a small amount of money.
(d) A loss for a friend over a loss for oneself.

Short Answer Questions

1. What theory did J. Allan Hobson refute effectively in his own research?

2. Who did Amos Tversky dedicate his PhD dissertation to?

3. Which lawyer worked in the Obama administration and used Tversky's and Kahneman's ideas to craft policy?

4. In Chapter 6, who persuaded the National Science Foundation to allocate $60,000 to him for a behavioral science research center?

5. Who was Amos Tversky's mother?

(see the answer key)

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