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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Who coined the term "Econs and Humans"?
(a) Bruno Frey.
(b) Richard Thaler.
(c) John Gottman.
(d) Gary Klein.

2. How many bus bombings occurred in Israel between December 2001 and September 2004?
(a) 23.
(b) 9.
(c) 12.
(d) 16.

3. Who coined the term "denominator neglect"?
(a) John Gottman.
(b) Paul Slovic.
(c) Craig Fox.
(d) Shane Frederick.

4. What aspect of the mind answers the question: "How was it, on the whole" (734)?
(a) The remembering self.
(b) The experiencing self.
(c) The anchoring self.
(d) The loss-aversive self.

5. What psychologist conduted an experiment wherein he recruited fans of professional basketball and elicited judgments concerning the winner of the NBA playoffs?
(a) Nassim Taleb.
(b) Larry Jacoby.
(c) Craig Fox.
(d) Shane Frederick.

6. The author presents several examples in Chapter 26 that demonstrate that there is no loss aversion in what kinds of interactions?
(a) Routine commercial exchanges.
(b) Gambling exchanges.
(c) Non-material interactions.
(d) Large investments in similar firms.

7. Where was John von Neumann originally from?
(a) Spain.
(b) France.
(c) Israel.
(d) Austria-Hungary.

8. The author describes a study conducted before President Nixon visited China and Russia. When was this?
(a) 1969.
(b) 1965.
(c) 1972.
(d) 1973.

9. Who was the anesthesiologist who intervened regarding physicians' and midwives' clinical judgment to determine whether a baby faced breathing distress?
(a) Baruch Fischhoff.
(b) Virginia Apgar.
(c) Malcolm Gladwell.
(d) Danny Oppenheimer.

10. How many fatalities came about as a result of bus bombings in Israel between December 2001 and September 2004?
(a) 23.
(b) 236.
(c) 366.
(d) 135.

11. What nineteenth-century British economist proposed the idea of a "hedonimeter"?
(a) Baruch Fischhoff.
(b) Shane Frederick.
(c) Francis Edgeworth.
(d) John List.

12. Given the following information, what percentage of respondents answered Mr. Brown? "Mr. Brown almost never picks up hitchhikers. Yesterday he gave a man a ride and was robbed" and "Mr. Smith frequently picks up hitchhikers. Yesterday he gave a man a ride and was robbed" (666)?
(a) 45%.
(b) 95%.
(c) 88%.
(d) 16%.

13. Who introduced the term "affective forecasting"?
(a) Baruch Fischhoff.
(b) Daniel Gilbert and Timothy Wilson.
(c) John List.
(d) Christopher Hsee.

14. In the author's description of the cold-pressor experiment, how many cold-hand trials were the participants told they would experience?
(a) Three.
(b) Two.
(c) Four.
(d) Six.

15. In Chapter 31, the author posits that the main motivators of money-seeking individuals (aside for the very poor) are what?
(a) Earning more money.
(b) Support and protection.
(c) Power and greed.
(d) Self-regard and achievement.

Short Answer Questions

1. What creates an asymmetry that makes agreements difficult to reach?

2. In the author's description of the cold-pressor experiment, how long were the trials separated?

3. To whom is the following quote attributed: "The agent of economic theory is rational, selfish, and his tastes do not change" (525)?

4. What is the conclusion of the paper "Trading is Hazardous to Your Health"?

5. Who was concluded to achieve better investment results in "Boys Will Be Boys"?

(see the answer keys)

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