Types of Goods

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Graphic at http://1.bp.blogspot.com/_u1GIE0NHH8g/Sh3SMKkllGI/AAAAAAAAACw/v_X-zB5nlIw/s1600-h/club+goods.jpg

It distinguishes rivalrous/non-rivalrous goods and excludable/non-excludable on two axes, giving 4 quadrants:

  • Private goods are rivalrous and excludable, i.e. toys or cars
  • Club Goods are non-rivalrous but excludable, i.e. satellite TV
  • Public Goods are non-rivalrous, and non-excludable, i.e. free to air TV

Commentary by David Ronfeldt at http://twotheories.blogspot.com/2009/05/timn-table-details-learning-that-tribes.html

More Information

Similar graphic at

  1. http://en.wikipedia.org/wiki/Club_goods
  2. http://www.econport.org/econport/request?page=man_pg_table