Club Goods
- Title:
- Club Goods
- Description:
-
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In this video we discuss club goods. Club goods are nonrival and excludable. For instance, HBO is a club good, as you need to pay a monthly fee to access HBO (excludable) but more viewers does not add to costs (nonrival). Entrepreneurs are always looking for ways to turn public goods into club goods — cable TV and satellite radio being two examples. Some entrepreneurs have even figured out how to profit from providing public goods — for instance, radio and broadcast television are public goods, but, thanks to advertising, they are profitable.
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- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Micro
- Duration:
- 05:04
SILVIA OLIVIERI edited Italian subtitles for Club Goods | ||
SILVIA OLIVIERI edited Italian subtitles for Club Goods | ||
Ruben Lopes edited Portuguese, Brazilian subtitles for Club Goods | ||
Ruben Lopes edited Portuguese, Brazilian subtitles for Club Goods | ||
Ruben Lopes edited Portuguese, Brazilian subtitles for Club Goods | ||
Ruben Lopes edited Portuguese, Brazilian subtitles for Club Goods | ||
Eduardo Lara edited Portuguese, Brazilian subtitles for Club Goods | ||
Eduardo Lara edited Portuguese, Brazilian subtitles for Club Goods |