Introduction

Question 1

Allais (1953)

Answer 1

Allais paradox, EUT violation of Independence

Question 2

Ellsberg (1961)

Answer 2

Ambiguity aversion, EUT violations

Question 3

Camerer, Loewenstein & Rabin (2004)

Answer 3

Identifying normative assumptions of standard economics, enhancing models

Question 4

Kahneman (2011)

Answer 4

Systems 1 & 2, automated vs. calculated parts of the brain

Question 5

Strotz (1955)

Answer 5

Questioning exponential discounting

Question 6

Cartwright (2014)

Answer 6

Focus on choice, depart from standard models

Question 7

Reversed:

Allais paradox, EUT violation of Independence

Answer 7

Allais (1953)

Question 8

Reversed:

Ambiguity aversion, EUT violations

Answer 8

Ellsberg (1961)

Question 9

Reversed:

Identifying normative assumptions of standard economics, enhancing models

Answer 9

Camerer, Loewenstein & Rabin (2004)

Question 10

Reversed:

Systems 1 & 2, automated vs. calculated parts of the brain

Answer 10

Kahneman (2011)

Question 11

Reversed:

Questioning exponential discounting

Answer 11

Strotz (1955)

Question 12

Reversed:

Focus on choice, depart from standard models

Answer 12

Cartwright (2014)