a good that is rivalrous and non-excludable

English - English

Definition of a good that is rivalrous and non-excludable in English English dictionary

Related Terms

a good that is rivalrous and non-excludable.

common good

A classic example of a common good are fish stocks in international waters; no one is excluded from fishing, but as people withdraw fish without limits being imposed the stocks for later fishermen are potentially depleted. (Wikipedia: Common good).

Hyphenation

a good that I-s rivalrous and non-excludable