Glossary entry

Lithuanian term or phrase:

neatsisakomumas

English translation:

non-rivalrousness

Added to glossary by Gintautas Kaminskas
Nov 26, 2017 12:42
6 yrs ago
Lithuanian term

neatsisakomumas

Lithuanian to English Other Economics public goods
Yra siūlymų išplėsti viešosios gėrybės požymių sąrašą pridedant neatmestinumo, neatsisakomumo požymį, o tai gerokai sumažintų viešųjų gėrybių sąrašą
Proposed translations (English)
4 non-rivalrousness
Change log

Dec 11, 2017 09:00: Gintautas Kaminskas Created KOG entry

Proposed translations

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non-rivalrousness

Yra siūlymų išplėsti viešosios gėrybės požymių sąrašą pridedant neatmestinumo, neatsisakomumo požymį, o tai gerokai sumažintų viešųjų gėrybių sąrašą
There are suggestions to expand the list of features of public goods by adding the features of non-excludability and non-rivalrousness, which would significantly reduce the list of public goods

In more general terms, almost all private goods are rivalrous. In contrast, non-rival goods may be consumed by one consumer without preventing simultaneous consumption by others. Most examples of non-rival goods are intangible.
Rivalry (economics) - Wikipedia
https://en.wikipedia.org/wiki/Rivalry_(economics)
Public good - Wikipedia
https://en.wikipedia.org/wiki/Public_good
In economics, a public good is a good that is both non-excludable and non-rivalrous in that individuals cannot be effectively excluded from use and where use ...
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