Definitions
Sorry, no definitions found. Check out and contribute to the discussion of this word!
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word nonexcludability.
Examples
-
The first characteristic is called "nonexcludability," which means that if a person elects not to pay for a particular service, they cannot be excluded from enjoying that service.
-
The first characteristic is called "nonexcludability," which means that if a person elects not to pay for a particular service, they cannot be excluded from enjoying that service.
-
The first characteristic is called "nonexcludability," which means that if a person elects not to pay for a particular service, they cannot be excluded from enjoying that service.
-
The first characteristic is called "nonexcludability," which means that if a person elects not to pay for a particular service, they cannot be excluded from enjoying that service.
-
The most important is the achievement of economic efficiency through correction of market failures such as: externalities, especially pollution open-access resources inadequate provision of public goods (because of nonexcludability and nondepletability) poorly defined property rights uncertainty and incomplete information myopic time discounting
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.