excludability
1
9.1
- noun
- /ɪkˌskluːdəˈbɪləti/
- Specialized
- As we saw above, there is a closely related but distinct characteristic entailed by the zero-sum conception of property, which is often confused with excludability.
Examples
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However, excludability is possible in the case of union-generated wages or work conditions by simply stipulating in the negotiated union contract that the terms of that contract only apply to union members.
Blog text (26) -
Excludability seems to be entailed by the very nature of the economic conception of private property.
Academic text (1990) -
There is excludability in the sense necessary for all private property.
Academic text (1990) -
A New Test for Excludability
Academic text (1995) -
Excludability is enough to ensure that I cannot appropriate and cannot use without permission any presently extant and patented ideas.
Academic text (1990) -
If I claim Blackacre as my own, excludability will ensure that no one else can own, use, or enjoy (without suitable permission) that particular piece of land, viz. Blackacre.
Academic text (1990) -
But what if, for certain sorts of intangible property, the excludability condition was independent of the finitude condition and did not by itself entail the zero-sum condition?
Academic text (1990) -
It is claimed that public goods, like goods associated with positive externalities, tend to be underproduced in a free enterprise system because (roughly) of excludability problems.
Academic text (1990) -
The excludability of this luxury resort means that only guests can use its facilities.
-
In economics, excludability refers to the ability to prevent others from using a resource without permission.
Synonyms
11
6.7
The state of being limited to a small group and not shared with others
1
7.3
Limiting what people can do
1
9.7
The state of something not being allowed by rules or law
Surface Forms
Morphology
excludability = excludable (transparent) = exclude + able + ity
Formed by adding the productive noun-forming suffix '-ity' to the adjective 'excludable', preserving the compositional meaning.
Etymology
Excludability comes from the parts ex- 'out', clud 'to shut', the same root as close, and -ability 'the power to'. So, Excludability is the 'power to shut out' others, which is why it means you can stop people from using or getting into something.