What is the free-rider problem? Why does it exist? What are examples of free riders?
Answer to relevant QuestionsWhat is meant when we say that a public good is indivisible, nonrivalrous, and nonexcludable? Keeping in mind that environmental regulation is a luxury good; would you expect American attitudes to be the same as attitudes of poor citizens of developing countries? Compare the various incentive-based environmental policies to the standards approach. What are the strengths and weaknesses of each? Who are the most likely beneficiaries of higher education? Why do low-income students encounter problems as they seek access to higher education (and often middle-income students as well)? Which do you feel is more effective in reducing poverty: government poverty programs or economic growth of the nation? How do private charities fit in? Are you conservative or liberal when it comes to addressing poverty?
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