free riding Flashcards
1
Q
when does it happen
A
in collective action
2
Q
what is it
A
a state benefiting from good while not paying in to it and allowing burden to fall on others
3
Q
consequences
A
Their failure to contribute makes the resource economically infeasible to produce.
4
Q
conditions it occurs under
A
- When everyone can consume a resource in unlimited amounts.
- When no one can limit anyone else’s consumption.
- When someone has to produce and maintain the resource.