Examlex
The Soviet-dominated counterpart to NATO, which included countries of eastern Europe, was the
Compensate
To make amends or give an equivalent to someone for loss, damage, or suffering experienced.
Free-Rider Problem
A situation where individuals consume a good or service without paying for it, especially in the context of public goods.
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be consumed by many people without depleting and without preventing others from consuming it.
Nonrival
A good or service is nonrival if its consumption by one individual does not reduce its availability to others.
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