Contestability

Pronunciation: /ˈkɔntˈstəbɪɫɪti/

Contestability (noun)

  1. The quality of being open to challenge, especially in law or public decisions, where someone can argue against it.
  2. In economics, how easily new firms can enter a market and compete, even if existing firms are already there.

Examples

  • The contestability of the decision helps people question it.
  • Contestability makes a challenge possible when the decision seems unfair.