H
HerCrazierHalf
Guest
This is more an economic problem but a lot of economics is philosophy and psychology plus money IMO.
Is there a solution to the free rider problem? Especially ones that effects a country or the world?
For example, a quick look at the moon tells us that asteroids large enough to end most human life are out there. Even smaller ones can devastate large cities. The last century saw a few, even one in Russian caught on multiple videos. This is admittedly a low probability/high cost event. But we have the tech to detect them for a bit over $500 million USD. Literally everyone benefits for $25 million from the top 20 countries yet such efforts have stalled for years.
Or small scale, a husband cleans the kitchen cause both him and the wife enjoy a clean kitchen. But he knows that if he doesn’t do it, she will and he still benefits.
Is there a solution to the free rider problem? Especially ones that effects a country or the world?
For example, a quick look at the moon tells us that asteroids large enough to end most human life are out there. Even smaller ones can devastate large cities. The last century saw a few, even one in Russian caught on multiple videos. This is admittedly a low probability/high cost event. But we have the tech to detect them for a bit over $500 million USD. Literally everyone benefits for $25 million from the top 20 countries yet such efforts have stalled for years.
Or small scale, a husband cleans the kitchen cause both him and the wife enjoy a clean kitchen. But he knows that if he doesn’t do it, she will and he still benefits.