University of Kansas, Fall 2007
Philosophy 666: Rational Choice Theory

Preview of test on utility theory

The test will be given in class on Friday, September 21. You do not need to bring anything, except for something to write with; this will be a closed-book, closed-notes test, and you will be provided with paper on which to write your answers. At the beginning of the exam period, the following instructions will be written on the board:
  1. Please put away everything except for something to write with.
  2. This exam may be graded on a curve.
  3. Please number each of your 10 answers conspicuously.

Also, you will be asked to close and/or put away all books, notebooks, newspapers, calculators, computers, cell phones, and other possible sources of inappropriate aid. The instructions at the top of the test will read as follows:

  1. Answer all of the following questions on the answer sheets provided. You can write on this list of questions, but credit will be awarded only for answers written on answer sheets.
  2. Do not access any book, notebook, newspaper, calculator, computer, cell phone, or other possible source of inappropriate aid during the test, do not leave the room before you are finished taking the test, and be sure to finish the test within this 50-minute testing period—no credit will be given for any work done after you access any possible source of inappropriate aid, after you leave the room for any reason, or after the end of the testing period.
  3. When you are finished, be sure your name is written on each of your answer sheets, and turn them in. You do not need to turn in this list of questions.

Regarding the content of the test, I anticipate that the following will be the case, but I reserve the right to depart from this plan:

In addition to studying my handouts and the problems for credit, you could also prepare for this test by answering the questions on the test on utility theory that I gave in my Fall 2006 section of this course. That test, and the answer key for it, are at the web site that I set up for that course, at This Friday’s test will be somewhat similar to that one (while also differing from it in some significant ways).