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Free Rider

Notes​

Claim​

Free rider is a person that uses the altrustic nature of others for their own benefit.

Explanation​

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 Morality is a free rider problem. It's a form of Moral Hazard, because if people can take without giving, why shouldn't they?

Why it Matters​

Examples​

Supporters​

Often an Econs are purely rational agents who maximize utility 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.

Opposers​

Open Questions​

Visual​

Some exploit the altruism of others

Overview​

🔼Topic:: Game Theory ↩️Origin:: 🔗Link::

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