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The Theory That It Does Not Make Economic Sense for Someone

question 58

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The theory that it does not make economic sense for someone to participate in collective action when they can receive a benefit without participating is known as


Definitions:

Coterminous

means sharing the same boundaries or extent in space, time, or meaning.

Exchange Theory

A theoretical framework suggesting that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs to individuals.

Rational Choice Theory

A framework for understanding and often formally modeling social and economic behavior based on the assumption that individuals act on rational self-interest.

Network Theory

A theory in sociology and other fields that examines how networks of social interactions influence behavior and outcomes.

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