In a book subtitled for how institutions evolve for this concept, Elinor Ostrom discussed how this concept must address the problems of compliance and supplying new institutions. For 10 points each:
[10h] Name this concept that titles a 1965 book that analyzes “by-product” and “special interest” theories to discuss the overrepresentation of minor interests.
ANSWER: collective action [accept The Logic of Collective Action; prompt on action]
[10e] In the context of groups, The Logic of Collective Action by Mancur (“MAN-sur”) Olson discusses goods known by this term that are nonexcludable and nonrival. Goods known by this term are typically provided by the government.
ANSWER: public goods
[10m] Susanne Lohmann argues that information asymmetry may explain welfare loss instead of this economic situation. Garrett Hardin argued that laissez-faire (“LESS-ay-FAIR”) policies lead to the behavior that names this situation.
ANSWER: free-rider problem [prompt on tragedy of the commons]
<NS, Social Science>