bripat9643
Diamond Member
- Apr 1, 2011
- 170,163
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"A shared resource" means a government resource. No charging what it costs to produce it is a typical government behavior. There is no mass transit system on the planet that charges enough to cover what it costs to run and maintain.Free markets problems are created by bad regulatory policy?Free rider problems are created by bad regulatory policy that makes it possible to ride for free. It's not a failure of markets, but a policy failure.
Some members of a community fail to contribute their fair share to the costs of a shared resource sounds suspiciously like a free market failure.