Difference between revisions of "Excludability"
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(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...) |
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Revision as of 19:06, May 15, 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]
