Partial equilibrium approach to the free-rider problem
نویسندگان
چکیده
منابع مشابه
Policy Reform and the Free-Rider Problem
We investigate policy reform in a model in which there are both rent seeking and lobbying activities. These two activities involve similar skills, so a reform which reduces rents will cause a shift into lobbying. Also, lobbying is subject to a free-rider problem, so the marginal return to the industry from lobbying may greatly exceed an individual firm’s return to lobbying. Thus, the shift into...
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Most public goods are durable and have a significant dynamic component. In this paper, we report the results from a laboratory experiment designed explicitly to study the dynamics of free riding behavior in the accumulation of a durable public good that provides a stream of discounted benefits over a potentially infinite horizon. This dynamic free-rider problem differs from static ones in funda...
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Public transport network constitutes for an indispensable part of a city by providing mobility services to the general masses. To improve ease of access and reduce infrastructural investments, public transport authorities often adopt proof of payment system. Such a system operates by eliminating ticket controls when boarding the vehicle and subjecting the travelers to random ticket checks by af...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 1976
ISSN: 0047-2727
DOI: 10.1016/0047-2727(76)90049-9