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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 30 - 34.

Multiple Choice Questions

1. Who used a method to test intentional causality by making a film in 1944 that involved a circle and two triangles?
(a) Daniel Gilbert.
(b) Shane Frederick.
(c) Fritz Heider and Mary-Ann Simmel.
(d) Danny Oppenheimer.

2. The author offers a scenario in which a subject purchases a $200 concert ticket to see their favorite band. They find that others are offering $3,000 for the ticket, but they do not sell it. What is this an example of?
(a) Endowment effect.
(b) Theory-induced blindness.
(c) The availability cascade.
(d) Narrative fallacy.

3. In utility theory, the utilty of a gain is assessed by comparing what?
(a) The axioms invested in the states of wealth.
(b) The heuristics of the subject.
(c) The base rates of the subject.
(d) The utilities of two states of wealth.

4. The average effort of System 2 is repeatedly compared with what?
(a) A stroll.
(b) A sprint.
(c) A race.
(d) A crawl.

5. What neighborhood within Niagara Falls, New York was the location of a 70-acre landfill that was the epicenter of a massive environmental disaster?
(a) Love Canal.
(b) Patterson.
(c) Almeda.
(d) Union City.

Short Answer Questions

1. Who coined the term "Econs and Humans"?

2. How many of the participants in Nisbett's experiment at the Univerity of Michigan never got out of their booth when the stooge pleaded for help?

3. Who wrote Judgment in Managerial Decision Making?

4. With what economist did Kahneman and Thaler work closely in Vancouver?

5. What example is presented in the opening of Chapter 1 to demonstrate slow thinking?

(see the answer key)

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