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Integrating Organizational Economics and Resource Dependence Theory to Explain the Persistence of Quasi Markets

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  • Jason Coupet

    (School of Public and International Affairs, North Carolina State University, Raleigh, NC 27695, USA)

  • Abagail McWilliams

    (College of Business Administration, University of Illinois, Chicago, IL 60607-7122, USA)

Abstract

The past few decades have been characterized by a growing body of profit-seeking public service areas with the understanding that profit-seeking organizations will deliver public services more efficiently than government can. These sectors include, but are not limited to, health care, corrections, education and garbage collection. Governments have created quasi markets to attract private providers of services in these sectors, with varying results. Organizational economics has provided the primary explanation for quasi markets, but questions about the sought-for efficiencies actually realized through these markets persist. We integrate resource dependence theory and organizational economics to provide a more comprehensive explanation of the persistence of quasi markets.

Suggested Citation

  • Jason Coupet & Abagail McWilliams, 2017. "Integrating Organizational Economics and Resource Dependence Theory to Explain the Persistence of Quasi Markets," Administrative Sciences, MDPI, vol. 7(3), pages 1-13, August.
  • Handle: RePEc:gam:jadmsc:v:7:y:2017:i:3:p:29-:d:108528
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    References listed on IDEAS

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    Cited by:

    1. Casper Hendrik Claassen & Johanna Mair & Eric Bidet, 2023. "Social Enterprises Within the Public Sector’s Purview: A Taxonomy-Based Study on South Korea," Post-Print hal-04329237, HAL.

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