excludability

listen to the pronunciation of excludability
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(Ekonomi) Dışlanabilirlik
Английский Язык - Английский Язык
The ability to be excluded
(Ekonomi) Excludability is defined in economics as whether or not it is possible to exclude people who have not paid for a good or service from consuming it. Where it is impossible to prevent an individual who does not pay for that thing from enjoying the benefits of it, the good is termed non-excludable
The ability of a service supplier to exclude those who have not paid for it High excludability makes markets possible, while low excludability makes markets difficult because of free-rider problems
The ability of suppliers to restrict the availability of outputs to those who can pay for it, or by other criteria See also Private goods and Public goods
a characteristic of a product whereby people can be excluded from using the product (chapter 15)
The ability to exclude individuals from using a particular good
excludability
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