Information Leakage

Question:

It is occasionally heard that certain confidential information leaks out on the Internet.

(a)    Is this leaked-out information no longer a private good? Explain. (2 marks)

(b)   Is this leaked-out information afforded by well-defined private property rights? Explain. (2 marks)

Answer:

(a)

No, because. (1)

It can be consumed concurrently without affecting the value of people involved in consumption.  (1)

(b)

No, because  (1)

the exclusive right to use is violated. (1)