Non-rivalrous
(adjective)
A good whose consumption by one consumer does not prevent simultaneous consumption by other consumers
Examples of Non-rivalrous in the following topics:
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The Free-Rider Problem
- Public goods, as you may recall, are both non-rivalrous and non-excludable.
- It is the second trait- the non-excludability- that leads to what is called the free-rider problem.
- Since public goods are non-excludable, free-riders not only can't be prevented from using the good, but actually have an incentive to continue to free-ride.
- National security is a public good: it is both non-rivalrous and non-excludable.
- Free riders are able to use roads without paying their taxes because roads are a non-excludable public good.
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Public Goods
- A public good is a good that is both non-excludable and non-rivalrous.
- Pure public goods are those that are perfectly non-rivalrous in consumption and non-excludable.
- It is non-excludable and non-rival in consumption.
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Defining a Good
- There are four types of goods in economics, which are defined based on excludability and rivalrousness in consumption.
- National defense also provides an example of a good that is non-rivalrous.
- In contrast, shoes are rivalrous.
- Club goods: Club goods are excludable but non-rival.
- Public goods: Public goods are non-excludable and non-rival.
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Demand for Public Goods
- Public goods are non-rivalrous, so everyone can consume each unit of a public good.
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Natural Resource Market
- Public goods, like air and riverways, are non-excludable and non-rivalrous.
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Digital Media and Intellectual Property Issues
- They argue such an analogy fails because physical property is generally rivalrous, while intellectual works are non-rivalrous (that is, if one makes a copy of a work, the enjoyment of the copy does not prevent enjoyment of the original).
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The Tragedy of the Commons
- Common goods are goods that are rivalrous and non-excludable.
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Private Goods
- In economics, a private good is defined as an asset that is both excludable and rivalrous.
- Additionally, the private good is rivalrous in that its consumption by one person necessarily prevents consumption by another.
- It is both excludable and rivalrous.
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Joining or Creating a Non-Profit Organization
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The Capital Account
- The capital account acts as a sort of miscellaneous account, measuring non-produced and non-financial assets, as well as capital transfers.
- Instead, the capital account acts as a sort of miscellaneous account, measuring non-produced and non-financial assets, as well as capital transfers.
- The capital account can be split into two categories: non-produced and non-financial assets, and capital transfers.
- Non-produced and non-financial assets include things like drilling rights, patents, and trademarks.
- Thus, the balance of the capital account is calculated as the sum of the surpluses or deficits of net non-produced, non-financial assets, and net capital transfers.