Shane Frederick

Shane Frederick (born 1968) is the Sarofim Family Career Development Professor of Management Science at MIT Sloan School of Management. 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. [ [http://www.mit.edu/people/shanefre/CRT.pdf Cognitive Reflection Test] , The paper on CRT]

He is considered to be 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, WI, and went on to graduate 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. He currently resides in Somerville, MA.

elected publications

* [http://www.mit.edu/people/shanefre/RepRevisited.pdf Representativeness revisited: Attribute substitution in intuitive judgment] (with D. Kahneman)
* [http://www.mit.edu/people/shanefre/TimeDiscandPref.pdf Time discounting and time preference: a critical review] (with T. O'Donoghue)
* [http://web.mit.edu/people/shanefre/On%20the%20Ball.pdf On The Ball: Cognitive Reflection and Decision-Making]

External links

* [http://www.nytimes.com/2006/01/26/business/26scene.html Would You Take the Bird in the Hand, or a 75% Chance at Two in the Bush?, New York Times, Jan. 26, 2006]
* [http://www.boston.com/business/ticker/2007/12/mit_study_holid.html Holiday Discounts May Not Be Enough, Boston Globe, Dec. 11, 2007]
* [http://www.mit.edu/people/shanefre/ Shane Frederick's MIT Home Page]

References