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Message: <blockquote data-quote="NickWallingford" data-source="post: 3129" data-attributes="member: 44">The term 'free-rider' for me has has always related to people who do not contribute to an overall industry good being paid for by their peers in an industry body, and get a free ride.  It was one of the principles of the Commodity Levies Act - a levy might be more likely to allowed if it could be shown that there was likely to be a significant free-rider problem with voluntary membership."Investment in such goods and services [research and extension] is likely to result in benefits (spillovers or positive externalities) to people who do not pay for them (free-riders).  Therefore, firms behaving rationally in a free market are likely to provide fewer of these goods and services than is socially optimal."  (<a href="https://www.mpi.govt.nz/dmsdocument/3736/direct" target="_blank">https://www.mpi.govt.nz/dmsdocument/3736/direct</a>)Go, the free market, [USER=212]@James[/USER] !</blockquote>

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