Joe Was Told That He Should Allow His Newly Developed

question 5

Multiple Choice

Joe was told that he should allow his newly developed investment software program to be open source software as this way

• A) he will reap more profits.
• B) it will spread and be adopted more rapidly.
• C) he can better control the platform development.
• D) he can keep the technology from fragmenting.

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Definitions:

Mere Exposure Effect

A psychological phenomenon whereby people tend to develop a preference for things merely because they are familiar with them.

Self-Fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.

Social Trap

A situation in which the conflicting parties, by each pursuing their self-interest rather than the good of the group, become caught in mutually destructive behavior.

McMaster University

A public research university located in Hamilton, Ontario, Canada, known for its innovative educational practices.