answersLogoWhite

0

The "free-rider problem" is an economic theory, though it is also referred to in political science and social psychology. It refers to a situation in which benefits given to those who do not pay for them result in some diminishment of either the quality or quantity of resources, goods, or services available to the general public.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Economics

In economics what refers to the global problem involving develop and developing nation?

Global interdependence


The free-rider problem occurs because?

The term "free-rider problem" refers to a situation in which benefits given to those who do not pay for them result in some decrease in the quality or quantity of resources, goods, or services available to the general public. The "free-rider problem" is an economic theory, though it is also referred to in political science and social psychology.


What is problem approach?

A problem approach refers to a systematic method for identifying, analyzing, and resolving issues or challenges. It typically involves defining the problem, gathering relevant information, exploring potential solutions, and implementing the best course of action. This approach emphasizes critical thinking and structured decision-making to ensure effective outcomes. By following a problem approach, individuals and organizations can address complexities in a logical and organized manner.


What is a difficulty or failure when studying economic?

Yes.


What is central problem in a case study?

The central problem in a case study refers to the primary issue or challenge that the subject of the study faces, which is often complex and multifaceted. It serves as the focal point for analysis and discussion, guiding the investigation and evaluation of potential solutions or strategies. Identifying this problem is crucial, as it shapes the research questions, methodology, and outcomes of the case study. Understanding the central problem helps stakeholders to address the underlying causes and implications effectively.

Related Questions

Is problem a preposition?

No, it is not a preposition. The word problem is a noun.


Is problem an abstract noun?

Yes. It refers to a difficulty, obstacle, or situation requiring resolution.


When was Jeremy Jones - freerider - born?

Jeremy Jones - freerider - was born in 1975.


What actors and actresses appeared in Danmarks bedste freerider - 2002?

The cast of Danmarks bedste freerider - 2002 includes: Anders Breinholt as Speaker


Should you play on your laptop in school?

FreeRider 2


How do you spell problem?

That is correct spelling for the word "problem" (difficulty, challenge, or test example).The correct spelling is problem (difficulty, or math question).


What is meant by the term freerider?

The term freerider can refer to one of two things: someone who actively takes advantage of the goodwill of others; or, a recreational vehicle, usually a snowmobile or similar.


Is Difficulty a noun?

Yes, the word 'difficulty' is a noun; a word for something that is hard to accomplish, deal with, or understand; a word for a thing.The noun 'difficulty' is a common noun, a general word for any difficulty of any kind. A common noun is capitalized only when it is the first word in a sentence.


How do you spell difficulty?

That is the correct spelling of the word "difficulty" (problem, impediment).


What are the synonyms for problem?

Problem (n): Difficulty, setback, obstruction, obstacle.


Overcome?

To succeed in dealing with (a problem or difficulty).


Can george burvill make a freerider map?

George Burvill can make a free rider map if he wants. Free rider maps are used on Free Rider 2 and are designed at different difficulty levels including easy, medium, hard, or just for fun.