Non-rival

Topic:

Public goods

Definition:

“Consumption [of a good] by one individual does not limit the consumption by (and benefits to) anyone else.”

References

Jaffee, S., Srivastava, J., 1992. Seed system development: the appropriate roles of the private and public sectors, World Bank discussion papers. World Bank, Washington, D.C.

Last Updated:

Nov. 2020
Non-exclusivity
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