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Welcome to the Q&A for ECN/APEC 2010, where you can ask questions and receive answers from your fellow students, the TA, and your professor.

Please only ask questions about the material for the course. Try to create discussions about the material we see in class, instead of just thinking of economics in general (this is an introduction to microeconomics class, not a policy or government class).

For questions and discussions about course organization or other course related topics, come see us after class or during office hours.

Feel free to discuss quiz questions on the Q&A, but do not provide direct answers to quiz questions before the quiz's due date.

Forced Riders in markets today?

+1 vote
17 views
What are some examples of forced riders in markets today?
asked Apr 26 by canvas-111f4c97e5534 (185 points)
Could you explain what a forced rider is if you understand to have more to go off of for people?

2 Answers

+1 vote
 
Best answer
Forced riders are people who are forced to pay for a good or service at a higher price than they would be willing to pay privately.  Think of national defense.  This is included in your income tax you pay.  There are people out there that would like to be able to dictate where their taxes are spent and would like to spend less/none on the military.  Taxes are a great example of forced riders as there is almost always something paid for with taxes that some people don't support and would like to not pay for.
answered Apr 26 by canvas-0a475dcfea4ca (1,400 points)
selected May 3 by canvas-111f4c97e5534
+4 votes

Forced Riders are essentially paying more for a good or service than they would be willing to pay for. forced rider in economics is a person who is required, by government or other collective, to share in the costs of goods or services without desiring them.

answered May 1 by canvas-55bc761efa649 (181 points)
reshown May 1 by canvas-55bc761efa649
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