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What is excludability?

What is excludability? Here are some definitions.

Noun
  1. The ability to be excluded.
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Examples
Excludability determines whether pricing is feasible.
The absence of excludability and rivalry introduces market failures that ensure that some goods and services cannot be efficiently provided by markets.
In practice, private goods exist along a continuum of excludability and rivalry and can even exhibit only one of these characteristics.
Over time, however, the researcher may multiply the genetic material or reproduce it in another animal, raising questions about the continuing excludability of the good. them.
Intellectual property rights usually cannot provide innovators with full excludability.
Secured tenure rights for a secured provision of services at local level seems to be a precondition, but could be fulfilled by a minimum condition like excludability.

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