Rival Good

… a core term used in Economic Analysis and Atlas102

Definition

A rival (or subtractable) good is a good where one person’s consumption of the good diminishes another person’s consumption of it.

Source

EconPort, Classification Table for Types of Goods, at http://www.econport.org/content/handbook/commonpool/cprtable.html, accessed 9 May 2016.

Atlas topic and subject

Public Goods and Commons Problems (core topic) in Economic Analysis and Atlas102.

Page created by: Ian Clark, last modified on 10 May 2016.