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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 19 - 24.

Multiple Choice Questions

1. What is the conclusion of the paper "Trading is Hazardous to Your Health"?
(a) The most active traders earned the highest returns while the least active traders earned low returns.
(b) Both active traders and inactive traders earned similar returns.
(c) The speed of which trading correlates directly with loss aversion.
(d) The most active traders had the poorest results while the least active traders earned the highest returns.

2. In the example where the author presents two candidates for a college professorship, which choice is favored by intuition?
(a) Anne.
(b) Sarah.
(c) Jane.
(d) Kim.

3. Who is the intellectual leader of an association of scholars against the author's works who call themselves NDM's?
(a) Baruch Fischhoff.
(b) Danny Oppenheimer.
(c) Malcolm Gladwell.
(d) Gary Klein.

4. Where did Kahneman and Tversky present their Linda study to doctoral students in the decision-science program?
(a) New York University School of Business.
(b) Harvard University School of Business.
(c) Stanford Graduate School of Business.
(d) Princeton University School of Business.

5. What is the title of the first joint article written by Daniel Kahneman and Amos Tversky?
(a) "Introduction to the Mind and Morals."
(b) "Probability and Theory."
(c) "The Perception of Causality."
(d) "Belief in the Law of Small Numbers."

Short Answer Questions

1. Who introduced the word "flow" to describe the state of effortless attending?

2. In what branch of the military did the author complete service?

3. In the experiment conducted at the University of Michigan by Richard Nisbett, how many of the 15 participants responded immediately to the stooge's plea for help?

4. In the statistics presented by the author in the opening of Chapter 10, he states that instances of what disease are less prevalent in rural, sparsely populated counties largely in the Midwest, South, and the West?

5. The author provides an excerpt related to "norm theory" that comes from an essay he had written with what psychologist?

(see the answer key)

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