The Free Rider Problem: Why You Do the Work and Others Get the Benefit

The Free Rider Problem is an economic concept that quietly shapes your daily life. Whether it be at work or in your personal life with friends and social events, it subtly impacts peoples motivation through their perception of incentives. Everyone knows what it feels like when someone is not helping out, or when you seem to be doing a lot of the work.

In this episode we break down the Free Rider Problem, what it is, how it occurs, and how to address it. No body wants to feel taken advantage of, so tune in to learn more about this phenomena. Isn't Economics fascinating! :)