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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 was the compound involved in seeding hurricanes?
(a) Silver iodide.
(b) Nitrogen Oxide.
(c) Platinum Oxide.
(d) Carbon Dioxide.

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

3. What publication did Tversky and Kahneman think offered them the best chance of reaching audiences outside of psychology?
(a) Nature.
(b) Science.
(c) Newsweek.
(d) Time.

4. What was the prevailing theory of decision-making called when Tversky and Kahneman began researching it?
(a) Sense theory.
(b) Reward theory.
(c) Loss theory.
(d) Utility theory.

5. What theory did J. Allan Hobson refute effectively in his own research?
(a) The theory of regret in relation to gains.
(b) Game theory.
(c) The Keynesian theory of economics.
(d) The Freudian idea that dreams arose from unconscious desires.

Short Answer Questions

1. Which of the following did Tversky and Kahneman find that people overwhelmingly chose in gambling simulations?

2. To whom did Tversky write to explain his reasoning for staying in the United States?

3. What did Tversky like to do in the summer of 1970 as he talked through some ideas with friends?

4. In Chapter 9, what did Kahneman say people needed in order to make a decision rather than a number?

5. What did Tversky and Kahneman begin to realize that people were often doing rather than making random mistakes when they formed judgments?

Short Essay Questions

1. In Chapter 8, how did Tversky's and Kahneman's work influence Donald Redelmeier?

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

3. In Chapter 8, what was Redelmeier's impression about the differences between working with Kahneman and Tversky?

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

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

6. In Chapter 6, how did Kahneman say Tversky helped streamline his own thinking during the early years they worked together?

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

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

9. In Chapter 9, what did Tversky find when he went to the Suez Canal at the end of the conflict in 1973?

10. 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?

(see the answer keys)

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