Shane Frederick is a tenured professor at the

Yale School of Management The Yale School of Management (also known as Yale SOM) is the graduate school, graduate business school of Yale University, a Private university, private research university in New Haven, Connecticut. The school awards the Master of Business Admi ...

. He earlier worked at

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

. 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. People who score high on the CRT are less vulnerable to various biases, and show more patience in intertemporal choice tasks. His specialties are decision-making and

intertemporal choice In economics, intertemporal choice is the study of the relative value people assign to two or more payoffs at different points in time. This relationship is usually simplified to today and some future date. Intertemporal choice was introduced by ...

time preference In behavioral economics, time preference (or time discounting,. delay discounting, temporal discounting, long-term orientation) is the current relative valuation placed on receiving a good at an earlier date compared with receiving it at a late ...

s and

discount function In economics, a discount function is used in economic models to describe the weights placed on rewards received at different points in time. For example, if time is discrete and utility is time-separable, with the discount function having a n ...

s, and has authored papers with, among others, George Loewenstein of

Carnegie Mellon University Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania, United States. The institution was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became the Carnegie Institu ...

and Nobel laureate

Daniel Kahneman Daniel Kahneman (; ; March 5, 1934 – March 27, 2024) was an Israeli-American psychologist best known for his work on the psychology of judgment and decision-making as well as behavioral economics, for which he was awarded the 2002 Nobel Memor ...

, emeritus of

Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...

. Frederick was born in

Park Falls, Wisconsin Park Falls is a city in Price County, Wisconsin, United States. The population was 2,410 at the 2020 United States census, 2020 census, down from 2,462 at 2010 United States census, 2010. Located in the woods of north central Wisconsin, primarily ...

, and graduated from the

University of Wisconsin A university () is an institution of tertiary education and research which awards academic degrees in several academic disciplines. ''University'' is derived from the Latin phrase , which roughly means "community of teachers and scholars". Uni ...

with a B.A. in zoology, from

Simon Fraser University Simon Fraser University (SFU) is a Public university, public research university in British Columbia, Canada. It maintains three campuses in Greater Vancouver, respectively located in Burnaby (main campus), Surrey, British Columbia, Surrey, and ...

with an M.S. in Resource Management, and from

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

External links

* ttp://www.boston.com/business/ticker/2007/12/mit_study_holid.html Holiday Discounts May Not Be Enough, Boston Globe, Dec. 11, 2007br>Shane Frederick's Google Scholar Page
Living people 1968 births University of Wisconsin–Madison College of Letters and Science alumni People from Park Falls, Wisconsin MIT Sloan School of Management faculty Yale School of Management faculty Carnegie Mellon University alumni Simon Fraser University alumni American cognitive scientists {{US-business-academic-bio-stub