Public Versus Private Goods
|
Excludability |
Subtractability |
|
|
|
Rival |
Nonrival |
|
Easy |
Private Personal car, sandwich, shoes, etc. |
Club Goods “toll” Cable t.v., information, membership |
|
|
Common Pool Resources Fresh air, water, fish, etc. |
Public “pure” Radio, commercial television, roads, information |
|
|
|
|
|
|
|