What does it mean for a good to be non-excludable in theory, Ask an Expert

Economics

What does it mean for a good to be non-excludable? In theory one may worry that such a problem could completely shut down private markets. How did we deal with that in designing a private environment for the public goods case so that this doesn’t happen? How and why did we use game theory in this design?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92201938

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