Shane Frederick

{{short description|American academic}}

{{Multiple issues|

{{notability|Academics|date=November 2016}}

{{BLP sources|date=January 2010}}

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Shane Frederick is a tenured professor at the Yale School of Management.{{cite web|url=https://faculty.som.yale.edu/shanefrederick/|title=Yale University Profile: Shane Frederick|accessdate=10 May 2022}} 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.{{cite journal|title=Cognitive Reflection and Decision Making|year=2005 |doi=10.1257/089533005775196732 |last1=Frederick |first1=Shane |journal=Journal of Economic Perspectives |volume=19 |issue=4 |pages=25–42 |doi-access=free }} People who score high on the CRT are less vulnerable to various biases,{{cite journal|url=https://www.tandfonline.com/doi/full/10.1080/13546783.2013.844729|title=Assessing miserly information processing: An expansion of the Cognitive Reflection Test|year=2014 |doi=10.1080/13546783.2013.844729 | accessdate=10 May 2022|last1=Toplak |first1=Maggie E. |last2=West |first2=Richard F. |last3=Stanovich |first3=Keith E. |journal=Thinking & Reasoning |volume=20 |issue=2 |pages=147–168 |s2cid=53340418 }}{{cite journal|title=The Cognitive Reflection Test as a predictor of performance on heuristics-and-biases tasks|year=2011 |doi=10.3758/s13421-011-0104-1 |last1=Toplak |first1=Maggie E. |last2=West |first2=Richard F. |last3=Stanovich |first3=Keith E. |journal=Memory & Cognition |volume=39 |issue=7 |pages=1275–1289 |pmid=21541821 |s2cid=22824496 |doi-access=free }} and show more patience in intertemporal choice tasks.{{cite journal|title=Cognitive Reflection and Decision Making|year=2005 |doi=10.1257/089533005775196732 |last1=Frederick |first1=Shane |journal=Journal of Economic Perspectives |volume=19 |issue=4 |pages=25–42 |doi-access=free }}

His specialties are decision-making and intertemporal choice, time preferences and discount functions,{{cite web|url=https://scholar.google.com/citations?user=dANuS64AAAAJ&hl=en|title=Google Scholar Shane Frederick | accessdate=10 May 2022}} 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.{{cite web|url=https://faculty.som.yale.edu/shanefrederick/|title=Yale University Profile: Shane Frederick|accessdate=10 May 2022}}

Selected publications

  • [https://web.archive.org/web/20080830071736/http://www.mit.edu/people/shanefre/RepRevisited.pdf Representativeness revisited: Attribute substitution in intuitive judgment] (with D. Kahneman)
  • [https://web.archive.org/web/20080907215824/http://www.mit.edu/people/shanefre/TimeDiscandPref.pdf Time discounting and time preference: a critical review] (with T. O'Donoghue)

References

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