Dictionary
Thesaurus
Reference
Translate
Web
Related Searches
on Ask.com
EXCLUDABILITY - 2 reference results
Excludability
In economics, a good or service is said to be excludable when it is possible to prevent people who have not paid for it from enjoying its benefits, and non-excludable when it is not possible to do so.

Examples

An architecturally-pleasing building, such as Tower Bridge, creates an aesthetic non-excludable good, which can be enjoyed by anyone who happens to look at it. It is difficult to prevent people from gaining this benefit (although people have tried, by forbidding amateurs from taking photographs of certain sites )

A lighthouse acts as a navigation aid to ships at sea in a manner that is non-excludable.

An excludable good could be a magazine; people who do not pay for the subscription are mostly excluded from obtaining a copy directly from the publisher. Another case in point is a pay television subscription.

See also

Further reading

Wikipedia, the free encyclopedia © 2001-2006 Wikipedia contributors (Disclaimer)
This article is licensed under the GNU Free Documentation License.
Last updated on Sunday September 28, 2008 at 05:19:28 PDT (GMT -0700)
View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation

Employees seek excludability of buyouts. (former I.B.M. employees, severance pay income tax)(Taxing Issues)(Brief Article)
May 06, 1996; More than 700 downsized IBM employees have sued the IRS in federal district court in Binghamton, N.Y., over the taxability of...
Read more with a free trial on HighBeam.com »
Court disputes punitive excludability. (U.S. Tax Court rules punitive damage awards from personal injury suits excluded from income) (Taxing Issues) (Brief Article)
Mar 01, 1993; In an important decision, the U.S. Tax Court has ruled that punitive damages awarded in a personal injury suit are eligible for...
Read more with a free trial on HighBeam.com »
Conflict on age discrimination damages. (U.S. Supreme Court's Burke decision excluding age discrimination damage awards from taxation) (Taxing Issues) (Brief Article)
Aug 09, 1993; * CONFLICT ON AGE DISCRIMINATION DAMAGES: In the wake of the U.S. Supreme Court's Burke decision relating to the Section 104...
Read more with a free trial on HighBeam.com »
A conceptual framework for understanding global and transnational public goods for health
Jun 01, 2002; Abstract The paper presents two taxonomies for classifying global and transnational health-promoting activities according to...
Read more with a free trial on HighBeam.com »
LTC Tax Questions Await Guidance From The IRS And Treasury.(long term care insurance)(Brief Article)
Sep 03, 2001; Tax questions about longterm care insurance seem to be developing almost as briskly as LTC products themselves. Following are a...
Read more with a free trial on HighBeam.com »
HighBeam Research, Inc. © Copyright 2009.

Search another word or see EXCLUDABILITY on Dictionary | Thesaurus