Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
F
- Free Rider ProblemTermFree Riding, Collective Action Problem
- A situation in which individuals benefit from a shared resource or collective action without contributing to its cost, because exclusion is not feasible.
- Free Rider Problem in InsuranceTermInsurance Free Riding, Coverage Free-Riding
- The tendency for healthy individuals to skip buying insurance while relying on emergency care or others' willingness to fund risk pools.