Learn Before
Dynamic Nature of Excludability
The excludability of a good is not an inherent or fixed attribute, as it can be altered by various factors. These include technological advancements, changes in the legal system and governance, or societal choices about whether implementing exclusion is feasible or even desirable.
0
1
Tags
Social Science
Empirical Science
Science
CORE Econ
Economy
Economics
Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
Ch.10 Market successes and failures: The societal effects of private decisions - The Economy 2.0 Microeconomics @ CORE Econ
Related
Example of an Excludable Public Good: CORE Econ's The Economy Ebook
Dynamic Nature of Excludability
Example of an Excludable Public Good: Information in a Copyrighted Book
Example of an Excludable Public Good: Film in an Uncrowded Cinema
Example of an Excludable Public Good: Toll Roads and Bridges
Example of a Club Good: Private Golf Club
Example of In-Principle Excludability: Public Roads and Parks
A new online streaming service offers unlimited access to its library of thousands of classic films. Access is granted only to users who pay a monthly subscription fee. One subscriber watching a film does not prevent any other subscriber from watching the same or any other film. Based on these characteristics, how is this streaming service best classified?
Bridge Funding Strategy Analysis
Match each economic term for a type of good with the description that best fits its characteristics.
City Park Conservatory Funding Debate
A good that is excludable becomes a club good only when consumption by one person significantly reduces the amount available for others.
The Economics of Digital Information
The 'Freemium' Software Model
Reclassifying a Public Asset
An uncrowded public beach is open to everyone, and one person's enjoyment does not detract from another's. The local government then decides to fence off the beach and charge an entrance fee. Assuming the beach remains uncrowded, how does this action change the economic classification of the beach access?
Digital Library Funding Strategy
Learn After
Example of Modifying Excludability: Broadcasting and TV Licenses
Excludability of Public Bads
Using Intellectual Property Rights to Incentivize Knowledge Creation
Technological Evolution and the Excludability of Broadcasting
Analysis of a Change in a Public Amenity
An online community-built encyclopedia, which was historically free for anyone to read, implements a new system where access to in-depth, expert-verified articles requires a paid subscription. All other articles remain free. This change primarily illustrates which principle regarding the classification of goods?
Altering Access to a Good
The classification of a good as excludable or non-excludable is an inherent and permanent characteristic, determined solely by the good's physical nature.
Mechanisms for Modifying Excludability
Match each scenario with the primary factor that alters the excludability of the good or service described.
A city government decides to build a new public park, which is initially open for everyone to use. To fund its maintenance, the city later installs fences and a gate system that requires a paid electronic key card for entry. This change demonstrates that the ________ of a good can be altered through legal and physical infrastructure changes.
A new open-source software for creating 3D models is initially developed and shared freely. Over time, its distribution model changes. Arrange the following events in the logical sequence that transforms the software from a fully non-excludable good to a partially excludable one.
Evaluating Internet Infrastructure Models
Evaluating a Shift in Digital Content Access