The Economic Role of the Nonprofit Firm
AbstractThis article demonstrates that the partitioning of economic activity into for-profit and nonprofit organizations can be at least partially described as the solution to an optimal contracting problem. We show that nonprofit firms may be superior to for-profit firms if the output cannot be costlessly observed.
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Bibliographic InfoArticle provided by The RAND Corporation in its journal Bell Journal of Economics.
Volume (Year): 14 (1983)
Issue (Month): 2 (Autumn)
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- Grout, Paul & Schnedler, Wendelin, 2008.
"Non-Profit Organizations in a Bureaucratic Environment,"
IZA Discussion Papers
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- Paul A. Grout & Wendelin Schnedler, 2008. "Non-Profit Organizations in a Bureaucratic Environment," The Centre for Market and Public Organisation 08/202, Department of Economics, University of Bristol, UK.
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- Paul Grout & Wendelin Schnedler, 2008. "Non-Profit Organizations in a Bureaucratic Environment," Working Papers 0474, University of Heidelberg, Department of Economics, revised Sep 2008.
- Cho, In Soo & Orazem, Peter, 2013. "Are Nonprofit Entrepreneurs Also â€œJacks-Of-All-Tradesâ€?," Staff General Research Papers 35750, Iowa State University, Department of Economics.
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- repec:ebl:ecbull:v:9:y:2005:i:3:p:1-13 is not listed on IDEAS
- Boris Augurzky & Dirk Engel & Christoph M. Schmidt & Christoph Schwierz, 2009. "Ownership and Financial Performance in the German Hospital Sector," Ruhr Economic Papers 0123, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Anup Malani & Tomas Philipson & Guy David, 2003. "Theories of Firm Behavior in the Nonprofit Sector. A Synthesis and Empirical Evaluation," NBER Chapters, in: The Governance of Not-for-Profit Organizations, pages 181-216 National Bureau of Economic Research, Inc.
- Scharf, Kimberley, 2011. "Scale Scale Economies in Nonprofit Provision, Technology Adoption and Entry," CAGE Online Working Paper Series 45, Competitive Advantage in the Global Economy (CAGE).
- Glaeser, Edward L. & Shleifer, Andrei, 2001.
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- Edward L. Glaeser & Andrei Shleifer, 1998. "Not-For-Profit Entrepreneurs," NBER Working Papers 6810, National Bureau of Economic Research, Inc.
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- Boris Augurzky & Dirk Engel & Christoph Schwierz, 2006. "Who gets the Credit? Determinants of the Probability of Default in the German Hospital Sector," RWI Discussion Papers 0054, Rheinisch-Westfälisches Institut für Wirtschaftsforschung.
- Edwin West, 1989. "Nonprofit organizations: Revised theory and new evidence," Public Choice, Springer, vol. 63(2), pages 165-174, November.
- Ginger Zhe Jin & Alex Whalley, 2007. "The Power of Attention: Do Rankings Affect the Financial Resources of Public Colleges?," NBER Working Papers 12941, National Bureau of Economic Research, Inc.
- Daniel Kessler & Mark McClellan, 2001. "The Effects of Hospital Ownership on Medical Productivity," NBER Working Papers 8537, National Bureau of Economic Research, Inc.
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