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Topic: Free rider problem


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In the News (Sat 2 Jun 12)

  
  Free rider problem Summary
In the narrow sense, a free rider is someone who receives the benefits of a cooperative venture without contributing to the provision of those benefits.
Because the notion of "fairness" is controversial, free riding is usually only considered to be an economic "problem" when it leads to the non-production or under-production of a public good, and thus to Pareto inefficiency, or when it leads to the excessive use of a common property resource.
A common example of a free rider problem is defense spending: no person can be excluded from being defended by a state's military forces, and thus free riders may refuse or avoid paying for being defended, even though they are still as well guarded as those who contribute to the state's efforts.
www.bookrags.com /Free_rider_problem   (820 words)

  
 Free rider problem: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-10-16)
(free riders are actors who take more than their fair share of the benefits or do not shoulder their fair share of the costs of their use of a resource, EHandler: no quick summary.
(free riding is usually only considered to be an economic "problem" when it leads to the non-production or under-production of a public good public good quick summary:
In political theory, the malibu surfer problem is the prospect of an individual who can work choosing not to do so, and instead leading a life of self-indulgence funded...
www.absoluteastronomy.com /encyclopedia/f/fr/free_rider_problem.htm   (1110 words)

  
 Free Riders
To see the problem of the free rider, consider the options open to a "customer" of the mosquito-reduction service who is asked to pay $25.00.
You might notice that the logic involved in the free rider problem is the same as in the problem of the commons and the prisoners' dilemma.
In fact the free rider problem can be seen as an extension of the prisoners' dilemma from a two-person game to a multi-person game.
ingrimayne.com /econ/RiskExclusion/FreeRiders.html   (955 words)

  
 The Free Rider Problem (Stanford Encyclopedia of Philosophy)
The freerider problem and the logic of collective action have been recognized in specific contexts for millennia.
Note that the supply of such goods by the state overcomes the freerider problem because voters can vote on whether everyone is required to pay toward the provision, as in the case of national defense.
The general decline of American unions in recent decades is partially the result of their success in resolving problems for workers in ways that do not require continuing union effort.
plato.stanford.edu /entries/free-rider   (5544 words)

  
 The free rider problem
An individual free rider runs a risk that he may have difficulty enforcing law and custom when a crime is committed against him.
Anarcho Capitalism can be criticized that its solution to the free rider problem (death) is excessively drastic, but you cannot criticize anarcho capitalism that it will be overrun by free riders.
Anarcho Syndicalism will be overrun by free riders, forcing the syndicalists to use statist and eventually totalitarian measures, as happened in the end in Catalonia, but not anarcho capitalism.
jim.com /anarchy/freeride.htm   (403 words)

  
 Free Rider Problem
In economics, the free rider problem refers to a situation where some individuals in a population either consume more than their fair share of a common resource, or pay less than their fair share of the cost of a common resource.
A commonly used example of the economic notion of the free rider problem is found in national defense.
The problem with this scenario is that the client, if allowed to free ride, can profit from a stock trade without actually using any of his or her own capital.
www.investopedia.com /terms/f/free_rider_problem.asp   (328 words)

  
 Free rider problem at opensource encyclopedia   (Site not responding. Last check: 2007-10-16)
Because the notion of "fairness" is highly subjective, free riding is usually only considered to be an economic "problem" when it leads to Pareto inefficiency.
One potential example of a free rider problem is National Defence: no person can be excluded from being defended by a nation's military and thus free riders may develop who refuse or avoid paying for being defended, but are still as well guarded as everyone else in the nation.
This article is licensed under the GNU Free Documentation License.
www.wiki.tatet.com /Free_rider_problem.html   (229 words)

  
 Businesspundit: Free Rider Problem   (Site not responding. Last check: 2007-10-16)
You *are* the single most consistently interesting prolific business blogger -- that is, you have rivals for Interesting Quotient, and rivals for Frequency, but not a single one that manages to pair those two.
This article (via InstaPundit) discusses the free rider problem that arises from American military power.
Free riders hate to be caught and exposed.
www.businesspundit.com /50226711/free_rider_problem.php   (665 words)

  
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