free-rider problem

The politics of London: governing an ungovernable city

by Tony Travers  · 15 Dec 2004  · 251pp  · 88,754 words

public goods’ – would not be provided at all. This latter would happen in the case of facilities such as libraries and parks, which entail classic ‘free rider’ problems – the facility must be paid for by local citizens, while benefits are enjoyed by those in the whole metropolitan region. 155 156 The Politics of

The Shock of the Old: Technology and Global History Since 1900

by David Edgerton  · 7 Dec 2006  · 353pp  · 91,211 words

society would not fund enough research because others could make use of the research just as much as the funder could. This is the famous ‘free-rider’ problem. The market failed, and thus government should step in to fund research, which would benefit everyone. Of course, states, including the US, supported research long

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do so for other reasons. Yet the argument worked only for a closed system, if each nation was insulated from every other one. For the free-rider problem would otherwise also apply to governments – why should the Indian government fund research that would equally be exploited by Pakistani, or US citizens? We should

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-way movements between Britain and France 111–12 France, SS 95–6 Fray Bentos plant, Uruguay 171, 171, 172–3, 175 free trade 118, 119 ‘free-rider’ problem 107–8 French Revolution 177 Frigorífico Anglo, Fray Bentos, Uruguay 171, 172, 173, 175 Frigorífico Artigas 172 Frigorífico Montevideo 172 fungicides 50, 160–61 furniture

The New Division of Labor: How Computers Are Creating the Next Job Market

by Frank Levy and Richard J. Murnane  · 11 Apr 2004  · 187pp  · 55,801 words

soon lose his place at the table. But if contributing to knowledge involves more work—say, writing up a case for a workplace database—the free rider problem is potentially more serious. Earlier, we discussed the possibility that persons who solve new problems could document their solutions so that others could learn from

Rebel Ideas: The Power of Diverse Thinking

by Matthew Syed  · 9 Sep 2019  · 280pp  · 76,638 words

questioning the basis of those claims. Playing the person rather than the ball works. In this sense, the ad hominem represents what economists call a free rider problem. All citizens benefit from the trust that is central to the functioning of democratic institutions, but this offers politicians an incentive to impugn the integrity

Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever

by Robin Wigglesworth  · 11 Oct 2021  · 432pp  · 106,612 words

, 88–90 education of, 89–92 eighty-eighth birthday of, 12–13, 14 ETFs, 166–68, 239 founding of Vanguard, 11–12, 104–10, 104n free-rider problem, 279 funeral of, 134–35 on “Giant Three” scenario, 299 growing pains at Vanguard, 124, 125, 126 gun stocks and, 286 heart attacks of, 93

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, 194 fractional shares, 250 Francis, Glenn, 176 Franklin Custodian Funds, 94 Franklin Templeton, 234 Fraser-Jenkins, Inigo, 242–43, 279 Frater, Hugh, 210, 212, 219 free-rider problem, 279 French, Ken, 155–56 Freud, Sigmund, 31 Friedman, Milton, 24, 41, 141 frontier markets, 257 FTSE Russell, 111n, 252 FTSE 100, 7, 249, 256

The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom

by Jonathan Haidt  · 26 Dec 2005  · 405pp  · 130,840 words

the interactions of individuals who use various strategies (such as pure selfishness versus tit for tat), they <|uickly came to appreciate the seriousness of the "free-rider problem." In groups in which people make sacrifices for the common good, an individual who makes no such sacrifices—who in effect takes a free ride

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in one generation goes on to produce more children in the next, so selfishness is adaptive but altruism is not. The only solution to the free-rider problem is to make altruism pay, and two back-to-back breakthroughs in evolutionary thinking showed how to do that. In chapter 3 I presented kin

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altruism (be nice to those who might reciprocate in the future) as two steps on the way to ultrasociality. Once these two solutions to the free-rider problem were published (in 1966 and 1971, respectively),41 most evolutionary theorists considered the problem of altruism solved and essentially declared group selection illegal. Altruism could

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devices (for example, by linking them to emotions such as s h a m e , fear, guilt, and love) found a cultural solution to the free-rider problem and then reaped the enormous benefits of trust and cooperation. If stronger belief led to greater individual benefits, or if a group developed a way

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8 - 3 9 , Altruism, 1 7 1 - 1 7 5 , 196, 230, 2 3 7 1 0 8 - 1 1 0 , 2 2 0 and free-rider problem, 231—234 Bentham, Jeremy, 162—163 Analects (Confucius),-x, 45 Berscheid, Ellen, 1 2 4 - 1 2 5 Anomie, 1 7 5 - 1 7 8

Governing the Commons: The Evolution of Institutions for Collective Action

by Elinor Ostrom  · 29 Nov 1990

-98. The Hague: Mouton. Marwell, G., and R. E. Ames. 1979. Experiments on the Provision of Public Goods. I: Resources, Interests, Group Size, and the Free-Rider Problem. Amer­ ican Journal of Sociology 84: 1335-60. Marwell, G., and R. E. Ames. 1980. Experiments on the Provision of Public Goods. II: Provision Points

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, Stakes, Experience and the Free-Rider Problem. American Journal of Sociology 85:926-37. Maser, S. M. 1985. Demographic Factors Affecting Constimtional Decisions. Pub­ lic Choice 47:121-62. Matthews, R. 1988

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Fortmann, 1,., 220n21, 235 Fossette, C., 116, 123, 234-5n28, 243n16 Fossette, R., 116, 123, 234-5n28, 243n16 frameworks,45-6, 192,214-16, 244n20 free-rider problem, 6, 32, 45, 49, 241n25 frequency-dependent action, 39, 209, 221nl0 Frey, B. S., 221n6, 223n27 Frohlich, N., 218n4 Furubotn, E. G., 223-4nl Gadgil

Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries

by Safi Bahcall  · 19 Mar 2019  · 393pp  · 115,217 words

thinking you are indispensable while enjoying the free ride if earnings go up. (Economists call a similar issue in the use of public goods the “free-rider problem.”) Bring a gun to a knife fight Money spent on company-earnings bonuses would be much better spent on the people and processes needed to

America's Bank: The Epic Struggle to Create the Federal Reserve

by Roger Lowenstein  · 19 Oct 2015  · 589pp  · 128,484 words

in part, by their private interest in seeing the dollar become an international currency. See Broz’s “The Origins of Central Banking: Solutions to the Free-Rider Problem,” International Organization 52, no. 2 (Spring 1998), 231–68, as well as his “Origins of the Federal Reserve System: International Incentives and the Domestic

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Free-Rider Problem,” International Organization 53, no. 1 (Winter 1999), 39–70. See also Adler, Jacob H. Schiff, 280–81, which quotes Schiff at the New York Chamber

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, “Hoarding in the Panic of 1907,” 290. America had been scorched: J. Lawrence Broz, “Origins of the Federal Reserve System: International Incentives and the Domestic Free-Rider Problem,” International Organization 53, no. 1 (Winter 1999), 44. The five severe crises occurred in 1873, 1884, 1890, 1893, and 1907. “All institutions had to run

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in 1910. Background on central bank history and development is based on J. Lawrence Broz’s trenchant “The Origins of Central Banking: Solutions to the Free-Rider Problem,” delivered at the 1996 Annual Meeting of the American Political Science Association, and published in International Organization 52, no. 2 (Spring 1998), 231–68. the

Smart Mobs: The Next Social Revolution

by Howard Rheingold  · 24 Dec 2011

by contributing their knowledge. The volunteer mavens on everything from hummingbirds to Sumerian antiquities took their payment in pennies and prestige. The opposite of the free-rider problem emerged in a number of forms—hordes of compulsive contributors. The decades-old friendly competitions to provide answers online became a commercial enterprise toward the

Capitalism Without Capital: The Rise of the Intangible Economy

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by Richard Wrangham  · 29 Jan 2019  · 473pp  · 130,141 words

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by Zeynep Tufekci  · 14 May 2017  · 444pp  · 130,646 words

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by Joseph Henrich  · 27 Oct 2015  · 631pp  · 177,227 words

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by John Abramson  · 15 Dec 2022  · 362pp  · 97,473 words

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by Katherine S. Newman and Hella Winston  · 18 Apr 2016  · 338pp  · 92,465 words

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by Robert Spoo  · 1 Aug 2013  · 552pp  · 143,074 words

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by Paul Collier  · 10 May 2010  · 288pp  · 76,343 words

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by Stephen Davis, Jon Lukomnik and David Pitt-Watson  · 30 Apr 2016  · 304pp  · 80,965 words

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by Bruce Schneier  · 14 Feb 2012  · 503pp  · 131,064 words

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by Paul Collier  · 4 Dec 2018  · 310pp  · 85,995 words

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by Siva Vaidhyanathan  · 1 Jan 2010  · 281pp  · 95,852 words

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by Paul de Grauwe and Anna Asbury  · 12 Mar 2017

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by Gabriel Weinberg and Lauren McCann  · 17 Jun 2019

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by Peter D. Norton  · 15 Jan 2008  · 409pp  · 145,128 words

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by Robert J. Gordon  · 12 Jan 2016  · 1,104pp  · 302,176 words

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by Paul Krugman  · 18 Feb 2010  · 162pp  · 51,473 words

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by Michael Blastland  · 14 Oct 2013

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by Paul Collier  · 30 Sep 2013  · 303pp  · 83,564 words

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by Robin Chase  · 14 May 2015  · 330pp  · 91,805 words

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by Thomas J. Dilorenzo  · 9 Aug 2004  · 283pp  · 81,163 words

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by Dieter Helm  · 2 Sep 2020  · 304pp  · 90,084 words

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by Charles Wheelan  · 18 Apr 2010  · 386pp  · 122,595 words

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by Steven Pinker  · 24 Sep 2012  · 1,351pp  · 385,579 words

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by Robert Nozick  · 15 Mar 1974  · 524pp  · 146,798 words

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by Lawrence Lessig  · 4 Oct 2011  · 538pp  · 121,670 words

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by Paul Collier  · 26 Apr 2007  · 222pp  · 75,561 words

The Finance Curse: How Global Finance Is Making Us All Poorer

by Nicholas Shaxson  · 10 Oct 2018  · 482pp  · 149,351 words

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by Ron Chernow  · 1 Jan 1997  · 1,106pp  · 335,322 words

Trust: The Social Virtue and the Creation of Prosperity

by Francis Fukuyama  · 1 Jan 1995  · 585pp  · 165,304 words

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by Robert Higgs and Arthur A. Ekirch, Jr.  · 15 Jan 1987

Rewriting the Rules of the European Economy: An Agenda for Growth and Shared Prosperity

by Joseph E. Stiglitz  · 28 Jan 2020  · 408pp  · 108,985 words

Economic Origins of Dictatorship and Democracy

by Daron Acemoğlu and James A. Robinson  · 28 Sep 2001

Strategy: A History

by Lawrence Freedman  · 31 Oct 2013  · 1,073pp  · 314,528 words

The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous

by Joseph Henrich  · 7 Sep 2020  · 796pp  · 223,275 words

The Butterfly Defect: How Globalization Creates Systemic Risks, and What to Do About It

by Ian Goldin and Mike Mariathasan  · 15 Mar 2014  · 414pp  · 101,285 words

Finance and the Good Society

by Robert J. Shiller  · 1 Jan 2012  · 288pp  · 16,556 words

People, Power, and Profits: Progressive Capitalism for an Age of Discontent

by Joseph E. Stiglitz  · 22 Apr 2019  · 462pp  · 129,022 words

The Survival of the City: Human Flourishing in an Age of Isolation

by Edward Glaeser and David Cutler  · 14 Sep 2021  · 735pp  · 165,375 words

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by Nadia Eghbal  · 3 Aug 2020  · 1,136pp  · 73,489 words

Termites of the State: Why Complexity Leads to Inequality

by Vito Tanzi  · 28 Dec 2017

The Blank Slate: The Modern Denial of Human Nature

by Steven Pinker  · 1 Jan 2002  · 901pp  · 234,905 words

Bad Samaritans: The Guilty Secrets of Rich Nations and the Threat to Global Prosperity

by Ha-Joon Chang  · 4 Jul 2007  · 347pp  · 99,317 words

Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

by Ha-Joon Chang  · 26 Dec 2007  · 334pp  · 98,950 words

The Economics Anti-Textbook: A Critical Thinker's Guide to Microeconomics

by Rod Hill and Anthony Myatt  · 15 Mar 2010

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by Francis Fukuyama  · 1 Mar 2000

The Darwin Economy: Liberty, Competition, and the Common Good

by Robert H. Frank  · 3 Sep 2011

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by Eric Posner and E. Weyl  · 14 May 2018  · 463pp  · 105,197 words

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by Nick Bostrom and Milan M. Cirkovic  · 2 Jul 2008

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by Josh Ryan-Collins, Tony Greenham, Richard Werner and Andrew Jackson  · 14 Apr 2012

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by Charles Eisenstein  · 11 Jul 2011  · 448pp  · 142,946 words

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by Roger Scruton  · 30 Apr 2014  · 426pp  · 118,913 words

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by Robert W. McChesney  · 5 Mar 2013  · 476pp  · 125,219 words

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by Edward Slingerland  · 31 May 2021

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by Steven Rattner  · 19 Sep 2010  · 394pp  · 124,743 words

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by Kristen R. Ghodsee  · 16 May 2023  · 302pp  · 112,390 words

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by Angus Hanton  · 25 Mar 2024  · 277pp  · 81,718 words

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by Larry Harris  · 2 Jan 2003  · 1,164pp  · 309,327 words

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by George A. Akerlof, Robert J. Shiller and Stanley B Resor Professor Of Economics Robert J Shiller  · 21 Sep 2015  · 274pp  · 93,758 words

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by Otmar Issing  · 20 Oct 2008  · 276pp  · 82,603 words

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by Alan S. Blinder  · 24 Jan 2013  · 566pp  · 155,428 words

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