Intangible Good
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An intangible good is a
good In most contexts, the concept of good denotes the conduct that should be preferred when posed with a choice between possible actions. Good is generally considered to be the opposite of evil. The specific meaning and etymology of the term and its ...
that does not have a physical nature, as opposed to a physical good (an
object Object may refer to: General meanings * Object (philosophy), a thing, being, or concept ** Object (abstract), an object which does not exist at any particular time or place ** Physical object, an identifiable collection of matter * Goal, an a ...
). Digital goods such as downloadable music,
mobile app A mobile application or app is a computer program or software application designed to run on a mobile device such as a smartphone, phone, tablet computer, tablet, or smartwatch, watch. Mobile applications often stand in contrast to desktop appli ...
s or
virtual goods Virtual goods are non-physical objects and money purchased for use in online communities or online games. Digital goods, on the other hand, may be a broader category including digital books, music, and movies. Virtual goods are intangible by def ...
used in virtual economies are proposed to be examples of intangible goods.


References


Further reading

* Bannock, Graham ''et al.''. (1997). ''Dictionary of Economics'', Penguin Books. * Milgate, Murray (1987), "goods and commodities," '' The New Palgrave: A Dictionary of Economics'', v. 2, pp. 546–48. Includes historical and contemporary uses of the terms in economics. {{Authority control Goods (economics)