Difference between revisions of "Excludability"
Jump to navigation
Jump to search
(New page: Excludability is an economic term for a good for which the owner can exclude use by others. Examples of excludibility are secrets, tickets, patents, trademarks and and copyrights. Excl...) |
(No difference)
|
Revision as of 17:37, May 4, 2007
Excludability is an economic term for a good for which the owner can exclude use by others.
Examples of excludibility are secrets, tickets, patents, trademarks and and copyrights.
Excludability is essential in determining whether a nonrival good will be produced.[1]