POL-UA 500 Study Guide - Midterm Guide: Mancur Olson, Comparative Politics, Price Elasticity Of Demand
20 Apr 2017
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If all members in the group act together, the whole will be better off. There are rational reasons for the individuals to not take part in the action to benefit the group, which are condition on their individual preferences. To solve a collective action problem, the incentives of the group must be altered. In small groups, free riders are easily punished. When n is the total number of people an. K is the threshold of people needed to achieve the common goal, the closer n is to k, the higher the chance of participation. The smaller k is, the less pressure on individuals. Mancur olson: free-rider, large groups are harder to manage, small groups can overcome problems. Byproducts, other perks outside of the game, can incentive people to participate. Free rider a person who receives the benefit of a public/group good without paying into the group. Free riders can more easily get by in large collective action groups.
