In
economics, a
good is considered either
rivalrous (rival) or
nonrival. Rival goods are goods whose
consumption by one
consumer prevents simultaneous consumption by other consumers. Most goods, both
durable and nondurable, are rival goods. A hammer is a durable rival good. One person's use of the hammer presents a significant barrier to others who desire to use that hammer at the same time. However, the first user does not "use up" the hammer, meaning that some rival goods can still be shared through time. An apple is a nondurable rival good: once an apple is eaten, it is "used up" and no longer able to be eaten by others. Non-
tangible goods can also be rivalrous. Examples include the ownership of
radio spectrums and
domain names. In more general terms, almost all
private goods are rivalrous.
In contrast, nonrival goods may be
consumed by one consumer without preventing simultaneous consumption by others. Most examples of nonrival goods are intangible.
Broadcast television is an example of a nonrival good; when a consumer turns on a TV set, this does not prevent the TV in another consumer's house from working. The television itself is a rival good, but television broadcasts are nonrival goods. Other examples of nonrival goods include a beautiful scenic
view, national defense, clean air, street lights, and public safety (police and law courts).
More generally, most
intellectual property is nonrival. In fact, certain types of intellectual property paradoxically increases value, the more other people use it. For example, the more people using a particular programming language, the more valuable that language becomes.
Goods that are non-rival are goods that can be enjoyed simultaneously by an unlimited number of consumers. Goods that are both nonrival and
non-excludable are called
public goods. It is generally accepted by mainstream economists that public goods should be provided by the government, as the free market will not provide these goods.
Category:Economics terminologyCategory:GoodsCategory:Rivalryfr:Biens rivauxhy:Մրցակցային սեփականություն