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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. 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) 95%.
(b) 16%.
(c) 45%.
(d) 88%.

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

3. What well-known expert in marital relations estimated that a stable relationship requires good interactions outnumber bad interactions by at least 5 to 1?
(a) Bruno Frey.
(b) Gary Klein.
(c) Richard Thaler.
(d) John Gottman.

4. The author points out in Chapter 31 that professional golfers putt more successfully when doing what?
(a) Trying to achieve a birdie while ignoring the bogey.
(b) Avoiding a birdie rather than trying to achieve a bogey.
(c) Avoiding a bogey rather than trying to achieve a birdie.
(d) Trying to achieve a birdie while avoiding a bogey.

5. The author notes in Chapter 36 that "Caring for people often takes the form of concern for the quality of their stories, not for" what (744)?
(a) "Their confidence."
(b) "Their feelings."
(c) "Their logic."
(d) "Their history."

Short Answer Questions

1. What organization paid for Thaler to spend a year working with Kahneman in Vancouver?

2. What dean of the University of Chicago Graduate School of Business was a firm believer in standard economic theory?

3. What psychologist conduted an experiment wherein he recruited fans of professional basketball and elicited judgments concerning the winner of the NBA playoffs?

4. How many fatalities came about as a result of bus bombings in Israel between December 2001 and September 2004?

5. Where was John von Neumann originally from?

Short Essay Questions

1. What is the expected utility hypothesis?

2. What is broad framing? What is narrow framing?

3. Why was Kahneman astonished upon reading an essay by Bruno Frey?

4. How do prospect theory and utility theory differ?

5. What two different meanings does the author attribute to the word utility in Chapter 35?

6. What is a framing effect?

7. What does "hedonimeter" refer to?

8. How does the author assert terrorism works in Chapter 30?

9. How did Nassim Taleb define the term narrative fallacy in The Black Swan?

10. What is flow?

(see the answer keys)

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