18th November 2019

investopedia
12

What is a free rider?

It is a market failure that occurs when people take advantage of being able to use a common resource, or collective good, without paying for it, as is the case when citizens of a country utilize public goods without paying their fair share in taxes.

Regarding this, what is the free rider problem in politics?

Wikipedia describes the “free rider problem” as: In economics, collective bargaining, psychology, and political science, a free rider (or freeloader) is someone who enjoys the benefits of an activity without paying for it.

What is a free rider good?

Free-rider problem. In economics, the free-rider problem occurs when those who benefit from resources, public goods, or services do not pay for them, which results in an underprovision of those goods or services.

What is a free rider in ethics?

In economics a free rider refers to someone who benefits from resources, goods, or services without paying for the cost of the benefit (e.g. a user of public transportation services who does not pay his or her taxes). Ethical free riders are masters on simulating.
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