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Shane Frederick (born 1968) is a tenured professor at Yale University's School of Management. He earlier worked at Massachusetts Institute of Technology. He is the creator of the "Cognitive Reflection Test", or CRT, a form of intelligence test that tests how "rational" testees are. People who score high are less vulnerable to various biases in thinking including prospect theory and irrational intertemporal choices.
He is considered an authority on decision-making and intertemporal choice, time preferences and discount functions, and has authored papers with, among others, George Loewenstein of Carnegie Mellon University and Nobel laureate Daniel Kahneman, emeritus of Princeton University.
Shane 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.
- Representativeness revisited: Attribute substitution in intuitive judgment (with D. Kahneman)
- Time discounting and time preference: a critical review (with T. O'Donoghue)
- Cognitive Reflection Test, The paper on CRT
- 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 Home Page
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