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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

2. Who was in charge of Israel's Ministry of Foreign Affairs that asked Kahneman for help in 1974?
(a) Benyamin Albaum.
(b) Shimon Perez.
(c) Benny Shalit.
(d) Zvi Lanir.

3. Who was the psychology professor who thought Tversky's and Kahneman's early work would win a Nobel Prize in Economics?
(a) Irv Biederman.
(b) Irene Norris.
(c) Lew Goldberg.
(d) Paul Volcker.

4. Who was the engineer for the World Trade Center project?
(a) Les Robertson.
(b) Marcus Samuelson.
(c) Rachel Adams.
(d) Thomas Colhard.

5. What was Goldberg's paper about medical judgement that Lewis mentions in Chapter 6 titled?
(a) The Judgement Papers.
(b) Man versus Model of Man.
(c) Miracles of Misadventures in Medicine.
(d) The Expert Fallacy.

Short Answer Questions

1. Who was the original owner of the World Trade Center?

2. Who was the architect of the World Trade Center in Chapter 6?

3. What did Redelmeier's experiment measuring the so-called "peak-end rule" involve?

4. Which Nobel prize-winner said that Tversky had a first-rate mind, which one could tell by listening to his lectures?

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

Short Essay Questions

1. In Chapter 11, what did Kahneman tell Miles Shore about one of his biggest difficulties with Tversky?

2. In Chapter 9, what is one practical change Kahneman suggested to the Israeli army based on the garbage he saw on the side of the road?

3. In Chapter 8, what is one reason Redelmeier suspected Tversky seemed to have so much time to work with him on ideas and papers?

4. In Chapter 6, how does Lewis describe heuristics?

5. In Chapter 10, what habit did Richard Thaler have when he played board games as a child and what did this indicate about his personality?

6. To whom did most economists usually write - Kahneman or Tversky - and why?

7. In Chapter 6, what was a main feature of the way that Kahneman and Tversky worked together?

8. In Chapter 9, what does Kahneman identify as a central component of the experience of misery?

9. In Chapter 7, what mathematical principle did Kahneman find was responsible for pilots' performance after praise or criticism?

10. Why did Kahneman and Tversky move to the United States at the same time in Chapter 10?

(see the answer keys)

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