IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Organizational Behavior in Private Nonprofits: A Study of Liberal Arts Colleges

Listed author(s):
  • David Chu


    (Department of Economics, College of the Holy Cross)

  • John F. O'Connell


    (Department of Economics, College of the Holy Cross)

Registered author(s):

    An effort is made to examine empirically the behavior of private nonprofit liberal arts colleges. The conventional wisdom that nonprofits arise to insure quality in a context of asymmetric information, and that behavior is driven by the need to insure implicit contract compliance is studied. A three-equation model is estimated for the demand price and quality of liberal arts education. Among the conclusions are that consumers are able to acquire and respond to information, that market forces analogous to those in the private sector insure contract compliance and that price premia are not systematically related to quality differentials. The endowment proves to be a means of moderating price increases rather than an end in itself.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 9402.

    in new window

    Length: 28 pages
    Date of creation: Sep 1994
    Publication status: Published in Research in Healthcare Financial Management, August 2001, Vol. 6:1, pp. 1-19.
    Handle: RePEc:hcx:wpaper:9402
    Contact details of provider: Phone: (508)793-3362
    Fax: (508) 793-3708
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hcx:wpaper:9402. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.