👉 In economics, an excluder is a person or entity who would not choose to consume a good or service because it is expensive. Excluders are often seen as barriers that prevent others from using the good or service, and they can cause market distortions if consumers do not have enough resources to pay for them. For example, a restaurant owner might be an excluder because they would not want customers who cannot afford their food to come in, even though it is part of the business
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What is the definition of Excluder? 🙋
👉 An excluder is a person or object that prevents others from using a resource, such as a building or a piece of land. This can happen if the person or object does not want to be used, and no one else wants it too. Excluders are often seen in urban planning where they prevent certain types of buildings or activities from being built on certain areas, like floodplains or wetlands.
