In Which of the Following Games Is It Clearly the Case

question 63

Multiple Choice

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society?

• A) Two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.
• B) Two airlines dominate air travel between City A and City B, and each airline decides whether to charge "high" airfare or a "low" airfare on flights between those two cities.
• C) Two superpowers decide whether to build new weapons or to disarm.
• D) In all of the above cases, the cooperative outcome of the game is good for the two players and bad for society

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Definitions:

Implementation And Diffusion

The process of putting strategies, plans, or policies into effect and the subsequent spread of these innovations within or across organizations.

Innovation Process

A series of steps that include the generation, development, and implementation of new ideas or technologies.

Societal Problem

A challenge or issue that affects a significant number of people within a society, requiring collective action for resolution.

Innovation Process

A systematic series of steps that includes the generation, development, and implementation of new ideas or products.