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Economics 101: Excludabilty | SterlingTerrell.net

Economics 101: Excludabilty


In economics, what is excludabilty?

Excludabilty is being able to prevent someone, or some group, from consuming a certain good.

For example:

Can I prevent you from consuming my ice-cream?

Yes I can.

My Ice-cream, therefore, has the property of being excludable.

(This issue has a lot to do with property rights.)