Tom recognizes that he can be successful by standing behind successful people and taking partial credit. Free riders often disrupt the efficiency of markets because they receive the benefits without putting in the same level of costs. This rent seeking behavior is apparent in a variety of examples from public service to group projects.
See more: free rider problem, private goods, rent seeking, types of goods
Leslie tries to turn a local pit into a community garden and allow citizens to plant whatever they chose in the garden. One citizen has taken advantage of the situation and decided to plant marijuana in the garden instead of vegetables or flowers.
See more: common resources, free rider problem, incentives, public goods, social costs, types of goods
The government often provides services for public goods and common goods when the private market isn’t ready to accept that responsibility. Because Ron is a big believe in free markets, he isn’t happy that federal money is being spent on providing common resources for the community. He believes that the best kind of park would be one ran by Chuck E. Cheese.
See more: common resources, excludability, federal budget, free rider problem, government, government programs, government spending, rivalry, role of government, types of goods