1. In the prisoner’s dilemma demonstration, learning how Serendip has chosen to play on the first trial falls into which part of the decision-making model?

1. setting goals
2. gathering information
3. structuring the decision
4. making a final choice

2. In the prisoner’s dilemma demonstration, choosing to cooperate or compete on each trial falls into which part of the decision-making model?

1. setting goals
2. gathering information
3. structuring the decision
4. making a final choice

3. In the prisoner’s dilemma demonstration, choosing to cooperate on every trial will always result in the best outcome for you.

1. True
2. False

1. Suppose that you are told that 10% of people at a restaurant are computer programmers and the remaining 90% are truck drivers. William is described as somebody who likes to go to the opera and play computer games. You spot William at the restaurant and are asked whether William is a truck driver or a computer programmer. If your reply is that he is a programmer then you are likely using the  ______.

1. availability heuristic
2. simulation heuristic
3. anchoring and adjustment heuristic
4. representativeness heuristic

2. Suppose that you are told that 10% of people at a restaurant are computer programmers and the remaining 90% are truck drivers. Buck is described as somebody who likes to go to the movies and play card games. You spot Buck at the restaurant and are asked whether he is a truck driver or a computer programmer. If your reply is that he is a truck driver then you are likely using the ______.

1. base rate information to make your decision
2. representativeness heuristic
3. simulation heuristic
4. anchoring and adjustment heuristic

3. If someone was to describe an older woman as warm and caring with a great love of children, most of us would assume that the older woman is a grandmother. She fits our ______ of a grandmother, so we automatically classify her into that category.

1. bias
2. stereotype
3. mental representation
4. cultural representation

1. Suppose that you are considering moving either to Illinois or California. After hearing about a recent earthquake in South America you decide not to move to California. Your decision was likely influenced by ______.

1. availability heuristic
2. framing effects
3. anchoring and adjustment heuristic
4. representativeness heuristic

2. The availability heuristic could be considered a(n) ______ which helps us make a decision based on how easy it is to bring something to mind.

1. memory tool
2. simulation heuristic
3. anchoring and adjustment heuristic
4. mental shortcut

3. Between 2005 and 2014, reported shark attacks typically range between 50 and 90 attacks per year worldwide. Following news coverage of a recent shark attack participants were asked to estimate how many shark attacks per year there are. The average estimate reported with over 2,000 attacks. This dramatic increase in the estimate is likely due to using  ______.

1. availability heuristic
2. framing effects
3. anchoring and adjustment heuristic
4. representativeness heuristic

1. When a soup company changed the label on their cans of soup from “this product contains 5% fat” to “this product is 95% fat free” sales doubled. This is likely due to the use of  ______.

1. availability heuristic
2. framing effects
3. anchoring and adjustment heuristic
4. representativeness heuristic

2. The framing effect is an example of ______, in which people react to a particular choice in different ways depending on how it is presented

1. cognitive dissonance
2. implicit bias
3. cognitive reframing
4. cognitive bias

3. In this exercise you are frequently presented with 2 options and asked to select the one that is LEAST appealing.

1. True
2. False