Free Rider Problem

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Title: Free Rider Problem

Essay Details:

Subject: Miscellaneous

Author: Shirley L

Date: December 30, 2015

Level: University

Grade: A

Length: 4 / 1125

Essay text:

Economists regard the possibility for free riding as a problem for the free market, which usually leads to government intervention. Government intervention is not generally needed in a free market society but in this case if there were no government intervention this problem would not find a solution. The free-rider issue is often seen as a serious problem because of the assumption that a free rider's best self-interest is that they interact with others by force and fraud. If they can get away with the fraud and begin to gain the benefits of others they have reached their first goal. Their next goal is to make some good money or get credit for someone else's hard work before they get caught...

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