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The Dilemmas of Wonderland – Decisions in the Age of Innovation | Oxford Scholarship Online
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The Dilemmas of Wonderland: Decisions in the Age of Innovation

Yakov Ben-Haim

Abstract

Innovations create both opportunities and dilemmas. Innovations provide new and purportedly better opportunities, but—because of their newness—they are often more uncertain and potentially worse than existing options. There are new drugs, new energy sources, new foods, new manufacturing technologies, new toys and new pedagogical methods, new weapon systems, new home appliances, and many other discoveries and inventions. To use or not to use a new and promising but unfamiliar and hence uncertain innovation? That dilemma faces just about everybody. Furthermore, the paradigm of the innovation dil ... More

Keywords: innovation, discovery, invention, innovation dilemma, dilemma, decision, technology, optimization, uncertainty, info-gap

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780198822233
Published to Oxford Scholarship Online: October 2018 DOI:10.1093/oso/9780198822233.001.0001

Authors

Affiliations are at time of print publication.

Yakov Ben-Haim, author
Yitzhak Moda'i Chair in Technology and Economics, Technion - Israel Institute of Technology