Question 1

When do humans become risk seeking?

Accepted Answer

A) When the penalties are low" 
B) When the reward is considered to be large" 
C) When the odds of winning are low" 
D) When the alternatives are favorable" 
A) When the penalties are low" 
B) When the reward is considered to be large" 
C) When the odds of winning are low" 
D) When the alternatives are favorable"

Question 2

What is an absolute preference?

Accepted Answer

A) Your choice may change depending on what otters around you choose" 
B) Your choice may change depending on the introduction of new options" 
C) Something you choose no matter what the alternative options are" 
D) All of the above" 
A) Your choice may change depending on what otters around you choose" 
B) Your choice may change depending on the introduction of new options" 
C) Something you choose no matter what the alternative options are" 
D) All of the above"

Question 3

____________ is the fictional, theoretical version of Homo sapiens that always makes rational decisions based on gain.

Accepted Answer

The answer of ____________ is the fictional, theoretical version of...

Question 4

Describe an fMRI study that could determine the differences between subjects using a "do no harm" strategy vs. a "greatest good for the greatest number" strategy.

Accepted Answer

An fMRI study could be designed to compa

Question 5

The subjective vale of an item is:

Accepted Answer

A) The worth of an item to a given individual 
B) The monetary amount needed to buy an item 
C) The sum an individual has paid for an item 
D) The durability of an item 
A) The worth of an item to a given individual 
B) The monetary amount needed to buy an item 
C) The sum an individual has paid for an item 
D) The durability of an item

Question 6

The limbic system is involved in decisions when there is:

Accepted Answer

A) A large expected loss" 
B) An immediate reward" 
C) Great risk" 
D) A delayed reward" 
A) A large expected loss" 
B) An immediate reward" 
C) Great risk" 
D) A delayed reward"

Question 7

Which of these may be a side-effect of the endowment effect?

Accepted Answer

A) Delay discounting" 
B) Loss aversion" 
C) The attribution effect" 
D) Expected utility" 
A) Delay discounting" 
B) Loss aversion" 
C) The attribution effect" 
D) Expected utility"

Question 8

The point of indifference for your laptop would be:

Accepted Answer

A) The point at which you no longer find your laptop useful 
B) The point at which you would be equally happy keeping your laptop or selling it for a particular amount of money 
C) The point at which you upgrade your laptop 
D) The point at which you would give away your laptop for free 
A) The point at which you no longer find your laptop useful 
B) The point at which you would be equally happy keeping your laptop or selling it for a particular amount of money 
C) The point at which you upgrade your laptop 
D) The point at which you would give away your laptop for free

Question 9

______________ translates attributes about different options into a common currency so that the options can be compared.

Accepted Answer

The answer of ______________ translates attributes about different options into...

Question 10

The transmission of which neurotransmitter is especially effected by alcohol consumption?

Accepted Answer

A) Acetylcholine" 
B) Norepinephrine" 
C) GABA" 
D) Dopamine" 
A) Acetylcholine" 
B) Norepinephrine" 
C) GABA" 
D) Dopamine"

Question 11

Lower levels of tryptophan in the body will eventually lead to increased:

Accepted Answer

A) Rationality" 
B) Impulsivity" 
C) Anxiety" 
D) Loss aversion" 
A) Rationality" 
B) Impulsivity" 
C) Anxiety" 
D) Loss aversion"

Question 12

Rational choice theory assumes that a human will:

Accepted Answer

A) Expect to sell for a higher price than the purchase price" 
B) Not be swayed by emotional considerations" 
C) Have medial areas of the cortex activated while making a decision" 
D) Chose different options depending on how they are described" 
A) Expect to sell for a higher price than the purchase price" 
B) Not be swayed by emotional considerations" 
C) Have medial areas of the cortex activated while making a decision" 
D) Chose different options depending on how they are described"

Question 13

If you are told that your name is on a list and you may be selected to pay a fine of $500, but can get your name taken off of the list by paying $5, what are you likely to do?

Accepted Answer

A) Take your chances and expect that you will not be the one selected to pay the fine 
B) Try to talk the person down to only paying $2.50 
C) Offer to pay $300 instead 
D) Pay the $5 to insure that you will not be selected 
A) Take your chances and expect that you will not be the one selected to pay the fine 
B) Try to talk the person down to only paying $2.50 
C) Offer to pay $300 instead 
D) Pay the $5 to insure that you will not be selected

Question 14

The brain has difficulty comparing two items that are very different from each other.

Accepted Answer

A) True 
 B)False

Question 15

Stressful situations can result in:

Accepted Answer

A) Poor decision making 
B) Higher cortisol levels 
C) Increased impulsivity 
D) All of the above 
A) Poor decision making 
B) Higher cortisol levels 
C) Increased impulsivity 
D) All of the above

Question 16

Activation in the ventromedial prefrontal cortex is correlated with:

Accepted Answer

A) High endowment effect" 
B) Loss aversion" 
C) Rationality and resistance to the framing effect" 
D) Impulsivity and low sales-resistance" 
A) High endowment effect" 
B) Loss aversion" 
C) Rationality and resistance to the framing effect" 
D) Impulsivity and low sales-resistance"

Question 17

Why are insurance companies so successful?

Accepted Answer

A) The odds of something very costly happening are actually quite high" 
B) The sales people are very convincing" 
C) People are willing to pay now in order to feel sure that they will not have to pay a high amount later" 
D) People are incredibly risk-seeking" 
A) The odds of something very costly happening are actually quite high" 
B) The sales people are very convincing" 
C) People are willing to pay now in order to feel sure that they will not have to pay a high amount later" 
D) People are incredibly risk-seeking"

Question 18

Why might the human rational system operate slowly?

Accepted Answer

A) There are many regions of the brain associated with the system" 
B) A slow processing speed is the only way humans are able to think rationally" 
C) We tend to always use sequential processing" 
D) It is relatively new in evolutionary terms" 
A) There are many regions of the brain associated with the system" 
B) A slow processing speed is the only way humans are able to think rationally" 
C) We tend to always use sequential processing" 
D) It is relatively new in evolutionary terms"

Question 19

The orbitofrontal cortex sends output to many areas of the brain, including:

Accepted Answer

A) The basal ganglia" 
B) The cerebellum" 
C) The corticotriatal loops" 
D) The hippocampus" 
A) The basal ganglia" 
B) The cerebellum" 
C) The corticotriatal loops" 
D) The hippocampus"

Question 20

Utilitarianism is associated with intuitive decision making.

Accepted Answer

A) True 
 B)False

When do humans become risk seeking?

What is an absolute preference?

____________ is the fictional, theoretical version of Homo sapiens that always makes rational decisions based on gain.

Describe an fMRI study that could determine the differences between subjects using a "do no harm" strategy vs. a "greatest good for the greatest number" strategy.

The subjective vale of an item is:

The limbic system is involved in decisions when there is:

Which of these may be a side-effect of the endowment effect?

The point of indifference for your laptop would be:

______________ translates attributes about different options into a common currency so that the options can be compared.

The transmission of which neurotransmitter is especially effected by alcohol consumption?

Lower levels of tryptophan in the body will eventually lead to increased:

Rational choice theory assumes that a human will:

If you are told that your name is on a list and you may be selected to pay a fine of $500, but can get your name taken off of the list by paying $5, what are you likely to do?

The brain has difficulty comparing two items that are very different from each other.

Stressful situations can result in:

Activation in the ventromedial prefrontal cortex is correlated with:

Why are insurance companies so successful?

Why might the human rational system operate slowly?

The orbitofrontal cortex sends output to many areas of the brain, including:

Utilitarianism is associated with intuitive decision making.

Online Practice Questions

The Brain and Nervous System

Neurons and Synapses

Neuroplasticity

Vision

Other Senses

The Motor System

Attention and Consciousness

Memory

Sleep

Language and Lateralization

Emotions

Motivation and Reward

Social Cognition

Neurological and Psychiatric Disorders

Filters

Exam 12: Decision Making

When do humans become risk seeking?

What is an absolute preference?

____________ is the fictional, theoretical version of Homo sapiens that always makes rational decisions based on gain.

Describe an fMRI study that could determine the differences between subjects using a "do no harm" strategy vs. a "greatest good for the greatest number" strategy.

The subjective vale of an item is:

The limbic system is involved in decisions when there is:

Which of these may be a side-effect of the endowment effect?

The point of indifference for your laptop would be:

______________ translates attributes about different options into a common currency so that the options can be compared.

The transmission of which neurotransmitter is especially effected by alcohol consumption?

Lower levels of tryptophan in the body will eventually lead to increased:

Rational choice theory assumes that a human will:

If you are told that your name is on a list and you may be selected to pay a fine of $500, but can get your name taken off of the list by paying $5, what are you likely to do?

The brain has difficulty comparing two items that are very different from each other.

Stressful situations can result in:

Activation in the ventromedial prefrontal cortex is correlated with:

Why are insurance companies so successful?

Why might the human rational system operate slowly?

The orbitofrontal cortex sends output to many areas of the brain, including:

Utilitarianism is associated with intuitive decision making.

Online Practice Questions

The Brain and Nervous System

Neurons and Synapses

Neuroplasticity

Vision

Other Senses

The Motor System

Attention and Consciousness

Memory

Sleep

Language and Lateralization

Emotions

Motivation and Reward

Social Cognition

Neurological and Psychiatric Disorders

Filters