Home > Terms > Armenian (HY) > ազատ երթևեկություն
ազատ երթևեկություն
Getting the benefit of a good or service without paying for it, not necessarily illegally. This may be possible because certain types of goods and services are actually hard to charge for--a firework display, for instance. Another way to look at this may be that the good or service has a positive externality. However, there can sometimes be a free-rider problem, if the number of people willing to pay for the good or service is not enough to cover the cost of providing it. In this case, the good or service might not be produced, even though it would be beneficial for the economy as a whole to have it. Public goods are often at risk of free riding; in their case, the problem can be overcome by financing the good by imposing a tax on the entire population.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
էլեկտրոնային առևտուր
Numerous ways that people with access to the Internet can do business from their computers.
Contributor
Featured blossaries
Timmwilson
0
Terms
22
Blossaries
6
Followers
Individual Retirement Account (IRA)
stanley soerianto
0
Terms
107
Blossaries
6
Followers
Top 10 Most Venomous Snakes
Browers Terms By Category
- Nightclub terms(32)
- Bar terms(31)
Bars & nightclubs(63) Terms
- Body language(129)
- Corporate communications(66)
- Oral communication(29)
- Technical writing(13)
- Postal communication(8)
- Written communication(6)
Communication(251) Terms
- General furniture(461)
- Oriental rugs(322)
- Bedding(69)
- Curtains(52)
- Carpets(40)
- Chinese antique furniture(36)
Home furnishings(1084) Terms
- Alcohol & Hydroxybenzene & Ether(29)
- Pigments(13)
- Organic acids(4)
- Intermediates(1)
Organic chemicals(47) Terms
- General astrology(655)
- Zodiac(168)
- Natal astrology(27)