Like Everything Else, Economics Definitions Are Better With Dogs…

Rivalry in consumption: the degree to which one person consuming a good makes it more difficult for another person to fully consume the same unit of the good

Usage: A good generally exhibits high or low rivalry in consumption.

Examples: A fireworks display exhibits low rivalry in consumption. An ice cream cone exhibits high rivalry in consumption. (Alternate phrasing: An ice-cream cone exhibits rivalry in consumption.)

See also:


Related terms: congestible goods (goods that go from low to high rivalry in consumption when they get crowded)