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Rival good (view source)

Revision as of 17:19, May 4, 2007

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A rival good is one that can be used by only one person at a time, such as a lunch.<ref>http://www.economicprincipals.com/issues/06.11.12.html</ref>
 
A rival good is one that can be used by only one person at a time, such as a lunch.<ref>http://www.economicprincipals.com/issues/06.11.12.html</ref>
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A rival good can be loaned or shared, but has inherent limits on the amount of sharing possible.  Sharing takes away from the use by the owner.
    
A rival good is to be distinguished from a [[nonrival good]].
 
A rival good is to be distinguished from a [[nonrival good]].
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