Harvey S. Rosen Quote

It must be emphasized that free ridership is not a fact; it is an implication of the hypothesis that people maximize a utility function that depends only on their own consumption of goods.


Chapter 4, Public Goods, p. 64 - Public Finance - International Edition - Sixth Edition


It must be emphasized that free ridership is not a fact; it is an implication of the hypothesis that people maximize a utility function that depends...

It must be emphasized that free ridership is not a fact; it is an implication of the hypothesis that people maximize a utility function that depends...

It must be emphasized that free ridership is not a fact; it is an implication of the hypothesis that people maximize a utility function that depends...

It must be emphasized that free ridership is not a fact; it is an implication of the hypothesis that people maximize a utility function that depends...