The Effect That an Additional User of a Good or Participant

question 23

Multiple Choice

The effect that an additional user of a good or participant in an activity has on the value of that good or activity for others is called:

• A) network externality.
• B) social externality.
• C) negative externality.
• D) private externality.

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Definitions:

Discriminant Validity

The degree to which a measurement tool is not correlated with variables from which it should theoretically differ.

Significant Correlations

Statistical relationships between two variables where the association is strong enough to not likely be due to chance.

Constructs

Abstract concepts or theoretical entities that are devised to explain patterns in research, such as intelligence, motivation, or happiness, which are not directly observable.

Interrater Agreement

The level of consistency among different observers or raters in the assessment or evaluation of the same phenomenon.