👉 Fluid is a term used in economics to describe a type of good that is both non-rivalrous and partially excludable. Non-rivalrous means that one person's consumption of the good does not diminish its availability for others; in other words, using it by one person doesn't prevent others from using it. Partially excludable means that while it's difficult to completely prevent others from using the good, it can be restricted to some extent through mechanisms like pricing or access controls. Fair fluid, a specific concept within this framework, refers to a good whose consumption benefits all users proportionally and without significant exclusion, aiming for equitable distribution and efficient allocation.
