William Spaniel: International Relations 101 International Relations 101 (#60): Collective Action Problems
International Relations 101 (#60): Collective Action Problems Transcript and Lesson Notes
http://gametheory101.com/courses/international-relations-101/ Public goods often provide enormous benefits at small costs to their providers. However, because public goods are non-rival and non-excludable, those benefits
Quick Summary
http://gametheory101.com/courses/international-relations-101/ Public goods often provide enormous benefits at small costs to their providers. However, because public goods are non-rival and non-excludable, those benefits
Key Takeaways
- Review the core idea: http://gametheory101.com/courses/international-relations-101/ Public goods often provide enormous benefits at small costs to their providers. However, because public goods are non-rival and non-excludable, those benefits
- Understand how international relations fits into International Relations 101 (#60): Collective Action Problems.
- Understand how political science fits into International Relations 101 (#60): Collective Action Problems.
- Understand how public goods fits into International Relations 101 (#60): Collective Action Problems.
- Understand how non-rival fits into International Relations 101 (#60): Collective Action Problems.
Key Concepts
Full Transcript
http://gametheory101.com/courses/international-relations-101/ Public goods often provide enormous benefits at small costs to their providers. However, because public goods are non-rival and non-excludable, those benefits are divided among a large group of individuals. This encourages free riding--why pay the cost when you can gain from everyone else's production? But this leads to the collective action problem: no one ultimately produces the good, as everyone relies on someone else to do the dirty work.
Lesson FAQs
What is International Relations 101 (#60): Collective Action Problems about?
http://gametheory101.com/courses/international-relations-101/ Public goods often provide enormous benefits at small costs to their providers. However, because public goods are non-rival and non-excludable, those benefits
What key concepts are covered in this lesson?
The lesson covers international relations, political science, public goods, non-rival, non-excludable.
What should I learn before International Relations 101 (#60): Collective Action Problems?
Review the previous lessons in William Spaniel: International Relations 101, then use the transcript and key concepts on this page to fill any gaps.
How can I practice after this lesson?
Practice by applying the main concepts: international relations, political science, public goods, non-rival.
Does this lesson include a transcript?
Yes. The full transcript is visible on this page in indexable HTML sections.
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