Rational Nonprofit Entrepreneurship
AbstractThis paper derives the decision to found a nonprofit firm as the equilibrium outcome of a multistage game among individuals who would like a public good to be provided. The model predicts that if individuals will voluntarily contribute towards provision of the public good, then it is in the self-interest of the entrepreneur to impose a nondistribution constraint on herself by founding a nonprofit firm. Copyright (c) 1998 Massachusetts Institute of Technology.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Economics & Management Strategy.
Volume (Year): 7 (1998)
Issue (Month): 4 (December)
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Web page: http://www.kellogg.northwestern.edu/research/journals/JEMS/
Other versions of this item:
- Bilodeau, M. & Slivinsky, A., 1994. "Rational Nonprofit Entrepreneurship," Cahiers de recherche 94-02a, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.
- Bilodeau, M. & Slivinski, A., 1997. "Retional Nonprofit Entrepreneurship," UWO Department of Economics Working Papers 9709, University of Western Ontario, Department of Economics.
- Marc Bilodeau & Al Slivinski, . "Rational Nonprofit Entrepreneurship," Industrial Organization 9405001, EconWPA.
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Ballou, Jeffrey P. & Weisbrod, Burton A., 2003. "Managerial rewards and the behavior of for-profit, governmental, and nonprofit organizations: evidence from the hospital industry," Journal of Public Economics, Elsevier, vol. 87(9-10), pages 1895-1920, September.
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