The Free Rider Problem
Markets are unlikely to provide an optimal solution to the problem of public goods. The free rider will choose not to offer to purchase because the individual decision not to purchase will not reduce the amount of it available for his/her consumption.
Direct Link to this Resource: https://streamlearn.us/moodle/mod/page/view.php?id=165
Last modified: Saturday, February 11, 2012, 10:07 PM