An Innovation Will Spread Faster If It

question 102

Multiple Choice

An innovation will spread faster if it

• A)is highly similar to its predecessor.
• B)is compatible with existing systems and procedures.
• C)has more rather than less complexity.
• D)requires a significant commitment to try or test.
• E)is difficult to replicate or observe.

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Definitions:

Positive-Sum Game

A situation in which all participants can gain or benefit in some way, contrasting with a zero-sum game.

Zero-Sum Game

A situation in economics or game theory where one party's gain is precisely balanced by another party's loss.

Dominant Strategy

In game theory, a strategy that is best for a player regardless of the strategies chosen by the other players.

Payoff

The return or profit from an investment or action.