free rider


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free rider

a person who gains from a collectively provided benefit without bearing any of the costs of gaining this. In a seminal text, M. Olson, The Logic of Collective Action (1965) employs the prisoner's dilemma game (see THEORY OF GAMES) to indicate that, where the group is large and any benefits of COLLECTIVE ACTION cannot be withheld from non-participants in the action, it will be rational’ for individuals to free ride.
References in periodicals archive ?
It is always a shame to hear of unfortunate doctoral alumni who fail to gain employment with reputable companies and universities because of their dismally subpar dissertation.Does your doctoral supervisor fall into the floater, free rider, knit picker, or money grubber category?
En la etica contemporanea se considera como free rider a alguien que, en un grupo de personas que trabajan para un fin comun, se aprovecha del trabajo colectivo y realiza un esfuerzo comparativamente inferior al de los demas recibiendo los mismos beneficios.
Here, it could be claimed, the free rider problem becomes much more pronounced, up to the point of actually threatening the profitability of supplying such amenities.
The smart money says that McDonald's would care and that, given the existence of alternative suppliers, the company would choose to work with a vendor other than the free rider. (McDonald's might even put a clause in its contracts stipulating that its suppliers must contribute some percentage of their annual sales to support the rights-protecting government.) But even if McDonald's didn't care and opted to do business with the free-riding supplier, McDonald's would face the problem that a great many of its customers and potential customers would care--and that Burger King, Wendy's, Carl's, and the like might see a golden, patriotic advertising angle in the mix.
A would-be free rider runs a risk of precluding the availability of the good.
This article looks at Internet retailing and the free rider justification often asserted for resale price maintenance (RPM).
The team includes Tom Meany - a World Cup Freestyle Champion in 1995 and a stunt veteran; Tony Sleeman - the1200cc World Champion in Stock Class; Gil Beaurnier - the first-ever to do the Double Back Flip stunt and ranked third in the 2007 World Championship Free Rider Competition; Julien Herpsont - ranked fifth in the France National Free Rider Championship; Brad Prust - a free ride master; and Amelie Sinapin - race car driver and member of the show for the past two years.
For Piebalgs, targets create stable policy frameworks encouraging investment and warding off the free rider' problem.
in-form 5-1 chance Free Rider, who has improved since being gelded after a fruitless spring campaign.
Free Rider landed an overdue success at Newmarket and can defy a 3lb penalty in the Castlegate Rated Stakes.
FREE Rider landed an overdue success at Newmarket and can double his season's tally with victory at York tomorrow.
Under these conditions, the short-run income maximization myopic strategy is the only dominant strategy that could be followed by a rent-seeking free rider. Myopic strategies and income maximization in the short run will mean free-rider groups do not satisfy their payments to the scientific team in the expected way.