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Free Rider ProblemHome page
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72% Informative
The Free Rider Problem is an economic concept of a market failure that occurs when people are benefiting from resources, goods, or services that they do not pay for.
The problem is commonly seen with public goods (goods with non-excludable benefits) Examples of public goods include national defense, fresh air lighthouses, street lighting and Wikipedia .
Soliciting donations is only effective for low-cost public goods.
The voluntary donations by consumers could make up for the free riders.
For example: asking for donations in a garden or museum would help cover the cost of the garden/museum.
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VR Score
69
Informative language
67
Neutral language
52
Article tone
semi-formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
2
Source diversity
2
Affiliate links
no affiliate links