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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. How many participants were involved with the author's study on the pain of colonoscopies?
(a) 10.
(b) 154.
(c) 123.
(d) 95.

2. What term refers to the quality of being noticeable or important?
(a) Endowment.
(b) Heuristic.
(c) Salience.
(d) Articulate.

3. Who wrote the article "The Robust Beauty of Improper Linear Models in Decision Making"?
(a) Robyn Dawes.
(b) Malcolm Gladwell.
(c) Jim Collins and Jerry I. Porras.
(d) Baruch Fischhoff.

4. Who proved mathematically that attempts to explain loss aversion by the utility of wealth are doomed to fail?
(a) John Gottman.
(b) Richard Thaler.
(c) Matthew Rabin.
(d) Bruno Frey.

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

Short Answer Questions

1. Who wrote the 2005 book Expert Political Judgment: How Good Is It? How Can We Know?

2. Who introduced the term "affective forecasting"?

3. In Introduction to the Principles of Morals and Legislation, the author points out that "Nature has placed mankind under the governance of two sovereign masters" (728). What are these masters defined as?

4. Whose study on duration neglect and the peak-end rule involved a story of Jen, who died instantly in an automobile accident?

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

Short Essay Questions

1. What is the principle of loss aversion?

2. What is a framing effect?

3. What are the three qualifications when deciding whether or not to accept a small risk with positive expected value?

4. How is evaluation defined as a principle of prospect theory?

5. How does the author describe regret in economics?

6. Why does the author credit Virginia Apgar with saving the lives of many infants?

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

8. What is flow?

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

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

(see the answer keys)

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