Shane Frederick
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Shane Frederick (born 1968) is a tenured professor at the Yale School of Management.[1] He earlier worked at Massachusetts Institute of Technology. He is the creator of the cognitive reflection test, which has been found to be "predictive of the types of choices that feature prominently in tests of decision-making theories, like expected utility theory and prospect theory."[2] People who score high are less vulnerable to various biases in thinking including prospect theory and irrational intertemporal choices.[2]
His specialties are decision-making and intertemporal choice, time preferences and discount functions,[citation needed] and has authored papers with, among others, George Loewenstein of Carnegie Mellon University and Nobel laureate Daniel Kahneman, emeritus of Princeton University.
Frederick was born in Park Falls, Wisconsin, and graduated from the University of Wisconsin with a B.A. in Zoology, from Simon Fraser University with an M.S. in Resource Management, and from Carnegie Mellon University with a Ph.D. in Decision Sciences.
Selected publications
- Representativeness revisited: Attribute substitution in intuitive judgment (with D. Kahneman)
- Time discounting and time preference: a critical review (with T. O'Donoghue)
References
- ^ https://som.yale.edu/faculty/shane-frederick
- ^ a b Cognitive Reflection Test Archived 2008-10-14 at the Wayback Machine, The paper on CRT
External links
- Would You Take the Bird in the Hand, or a 75% Chance at Two in the Bush?, New York Times, Jan. 26, 2006
- Holiday Discounts May Not Be Enough, Boston Globe, Dec. 11, 2007
- Shane Frederick's Google Scholar Page
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