collective goods

Show Summary Details

Quick Reference

Goods that benefit every individual belonging to some group, and where it is hard to exclude any individual from that benefit. For example, the benefit of having a defence force, or law and order. Since an individual cannot be excluded from these benefits, there is a motive for agents to free ride on the supply of these goods by others.

Subjects: Philosophy.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.