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Free Rider

Notes

Free rider is a person that uses the altrustic nature of others for their own benefit. It is those who contribute nothing to the common good, yet take the most they can, they have a different moral code for themselves and society Agent vs society moralism. It's a form of Moral Hazard, because if people can take without giving, why shouldn't they?

Often an Econs can become a free rider, because it serves the individual's self interest to do so. Obligations, duties , and morality are of little importance to them.

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Free rider.webp

Overview

🔼Topic:: social science (MOC) ↩️Origin:: 🔗Link::

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