ken hanly wrote:
I don't quite understand what the
free rider problem has to do with
methodological individualism if the
latter means that group action
must somehow be explained in
terms of individual actions.
I agree.
By the way, Arrow published a paper in the early 1990s in which he
On 8/4/07, ken hanly [EMAIL PROTECTED] wrote:
I don't quite understand what the free rider problem
has to do with methodological individualism if the
latter means that group action must somehow be
explained in terms of individual actions.
the FR problem (or, with two people, the prisoner's
Greetings Economists,
On Aug 3, 2007, at 6:58 PM, Jim Devine wrote:
s there a fourth?
Doyle;
Well not in economic theory, but in animals with brains, methodological
individual activity follows from not having language. So one can see
amongst animals a great deal of economic activity types
I don't quite understand what the free rider problem
has to do with methodological individualism if the
latter means that group action must somehow be
explained in terms of individual actions. The free
rider problem seems to arise simply from empirical
fact that many group actions may be
so far I've got a list of three flavors of meth. individualism:
1) the collective action problem, prisoners' dilemma, free-rider
problem, which are all about the contrast between individual
rationality and collective rationality.
2) the representative agent model, which equates individual and
