Public Good

A Public Good is a shared benefit, available to all without direct cost, where one's use does not diminish its availability for others. It is characterized by Non-Excludability and Non-Rivalry, often requiring collective provision.

See also

Linked from: Civic Virtue, Club Good, Common Pool Resource, Common Resource, Excludable, Externality, Free Good, Non Excludable Good, Non Profit, Non Rival, Non Rival Good, Non Rivalrous, Non Rivalrous Good, Private Good, Public Benefit, Public Funding, Rivalrous, Rivalrous Good, Rivalrous Goods

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