You and your roommate have a stack of dirty dishes in the sink. Either of you would

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You and your roommate have a stack of dirty dishes in the sink. Either of you would wash the dishes if the decision were up to you; however, neither will do it in the expectation (hope?) that the other will deal with the mess. Explain how this example illustrates the problem of public goods and free riding.

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Managerial Economics and Strategy

ISBN: 978-0321566447

1st edition

Authors: Jeffrey M. Perloff, James A. Brander

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