The Mental Models Daily Podcast

Free Rider Problem


Listen Later

The free rider problem refers to a situation in which individuals or entities benefit from a collective good or resource without contributing to its production or maintenance. In contexts where individuals can enjoy the benefits of a public good without bearing the associated costs, there is a risk that some individuals will choose to "free ride" on the efforts of others, leading to underinvestment or inefficiency in the provision of the public good.


Why contribute when others will do it for you?

Explore the 'Free Rider Problem' and its impact on society. 🚴‍♂️💼 #FreeRiderProblem #MentalModels #Economics
#SocialDilemma #Cooperation #PublicGoods


For more mental models, please visit www.mentalmodelsdaily.com


Get the full list at https://tinyurl.com/mentalmodelsdaily


Follow us:

X: @mindmodelsdaily https://x.com/mindmodelsdaily

Instagram: @mentalmodelsdaily https://www.instagram.com/mentalmodelsdaily/

Youtube: https://www.youtube.com/@MentalModelsDaily/podcasts

Spotify: https://open.spotify.com/show/1f0qi12saeBEJmtnjOSszg

Amazon Music: https://music.amazon.co.uk/podcasts/6da552cf-1714-45ce-b302-7c6c69386fc3/mental-models-daily

Apple Podcasts: https://podcasts.apple.com/gb/podcast/mental-models-daily/id1754257683

Castbox: https://castbox.fm/channel/Mental-Models-Daily-id6203840?country=us

iHeartRadio: https://www.iheart.com/podcast/269-mental-models-daily-189536773/


Our Podcast music was provided by The Podcast Host and Alitu: The Podcast Maker app.


...more
View all episodesView all episodes
Download on the App Store

The Mental Models Daily PodcastBy Mental Models Daily

  • 3.7
  • 3.7
  • 3.7
  • 3.7
  • 3.7

3.7

3 ratings


More shows like The Mental Models Daily Podcast

View all
Newscast by BBC News

Newscast

668 Listeners

Americast by BBC News

Americast

766 Listeners

Real Dictators by NOISER

Real Dictators

5,172 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

58,007 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,442 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

15,114 Listeners

Mental Models of Successful People by Michael Ye

Mental Models of Successful People

0 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,268 Listeners

The News Agents - USA by Global

The News Agents - USA

407 Listeners

The Rest Is Politics: US by Goalhanger

The Rest Is Politics: US

2,264 Listeners

The Rest Is Classified by Goalhanger

The Rest Is Classified

846 Listeners