Examlex
How are committee chairs selected in the House?
Not Excludable
A characteristic of goods or services that does not allow for the prevention of use by individuals who have not paid for it.
Not Rival
A characteristic of a good where its consumption by one individual does not reduce availability to others, often associated with non-rivalrous goods.
Club Good
A type of good that is excludable but non-rivalrous, meaning those who do not pay cannot access it, but one person's use does not diminish availability for others.
Common Resource
A resource like air or water that is not owned by anyone, is available for everyone to use, and is rivalrous but non-excludable.
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