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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 25 - 29.

Multiple Choice Questions

1. Who introduced the labels System 1 and System 2 as systems of the mind?
(a) Keith Stanovich and Richard West.
(b) Nassim Taleb.
(c) Larry Jacoby.
(d) Mihaly Csikszentmihalyi.

2. The author states in the opening of Chapter 29, "Whenever you form a global evaluation of a complex object--a car you may buy, your son-in-law, or an uncertain situation--you" do what (600)?
(a) "Make immediate assumptions."
(b) "Seek advice from experience."
(c) "Assign weights to its characteristics."
(d) "Evaluate the normalcy of the events or subjects."

3. What do causal base rates do?
(a) They solidify one's view of the overall perspective of a case.
(b) They change one's view of how the individual case came to be.
(c) They create ego depletion.
(d) They create axioms.

4. In the first description of the fictional Linda, Kahneman and Tversky said that she was how old?
(a) 19.
(b) 31.
(c) 26.
(d) 35.

5. Extreme predictions and willingness to predict events from weak evidence are manifestations of what?
(a) Arrogance.
(b) System 2.
(c) System 1.
(d) Confidence.

Short Answer Questions

1. Based on the law of least effort, the author concludes that what characteristic is built deep into our nature?

2. What illusion does the author demonstrate by presenting lines that appear to be different sizes but are in fact the same?

3. When did the Yom Kippur War break out?

4. In what year does the author describe visiting a Wall Street firm with Amost Tversky and Richard Thaler?

5. What is the title of the essay that Kahneman and Tversky wrote on the study of gambles?

(see the answer key)

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