Public good (economics)
id:
public-good-economics-204-17909581
title:
Public good (economics)
text:
In economics, a public good is a good that is both non-excludable and non-rivalrous. Use by one person neither prevents access by other people, nor does it reduce availability to others. Therefore, the good can be used simultaneously by more than one person. This is in contrast to a common good, such as wild fish stocks in the ocean, which is non-excludable but rivalrous to a certain degree. If too many fish were harvested, the stocks would deplete, limiting the access of fish for others. A publ
brand slug:
wiki
category slug:
encyclopedia
description:
Good that is non-excludable and non-rival
original url:
https://en.wikipedia.org/wiki/Public_good_(economics)
date created:
2003-01-23T05:59:53Z
date modified:
2024-09-10T04:01:02Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/d/d1/PhareDeLaVieille_DSC08079_PtrQs.jpg","width":1791,"height":2686}
fields total:
13
integrity:
16