free rider problem
/ˌfriː ˈraɪdər ˌprɒbləm/
the tendency to benefit from collective goods without contributing
free rider problem in a sentence
“National defense suffers from the free rider problem.”
Origin of free rider problem
From free + rider, one who rides without paying
Related Words
coordination problem
difficulty in aligning actions when mutual benefit requires agreement
public good
a good that is non-excludable and non-rivalrous
externality
a cost or benefit affecting parties not involved in a transaction
club good
a good that is excludable but non-rivalrous
common pool resource
a resource that is rivalrous but non-excludable
mechanism design
creating rules to achieve desired outcomes given strategic behavior