When a group of people stand to gain from an action that is not rational for any of the members to undertake individually,it is referred to as a:

Question

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A collective-action problem occurs when individuals have an incentive to free-ride on the efforts of others in a group, making it difficult to achieve a common goal. Without cooperation and coordination, the desired outcome may not occur even when it would benefit all members of the group.

When a Group of People Stand to Gain from an Action