Information om | Engelska ordet NON-EXCLUDABILITY

Exempel på hur man kan använda NON-EXCLUDABILITY i en mening

• Thus, society can modify the non-rivalry and non-excludability of a good's benefits such that goods often become private or public as a result of deliberate policy choices.
• A classic example of the inefficiency caused by non-excludability is the tragedy of the commons (which Hardin, the author, later corrected to the 'tragedy of the unmanaged commons' because it is based on the notion of an entirely rule-less resource) where a shared, non-excludable, resource becomes subject to over-use and over-consumption, which destroys the resource in the process.

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