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The free-rider problem in social science is the question of how to limit free riding and its negative effects in these situations. Such an example is the free-rider problem of when property rights are not clearly defined and imposed. [4] The free-rider problem is common with public goods which are non-excludable and non-rivalrous. Non ...
A comma-free code is block code in which no concatenation of two code words contains a valid code word that overlaps both. [1] Comma-free codes are also known as self-synchronizing block codes [2] because no synchronization is required to find the beginning of a code word.
Freedom of navigation as a legal and normative concept has developed only relatively recently. Until the early modern period, international maritime law was governed by customs that differed across countries’ legal systems and were only sometimes codified, as for example in the 14th-century Crown of Aragon Consulate of the Sea (Spanish: Consulado del mar; Italian: Consolato del mare; also ...
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
Intellectual property laws such as copyrights and patents have the effect of converting some intangible goods to scarce goods. Even though these works are free goods by definition and can be reproduced at minimal cost, the production of these works does require scarce resources, such as skilled labour. Thus these laws are used to give exclusive ...