Tekijä: | Bilodeau, M. Slivinski, A. |
Otsikko: | Rational nonprofit entrepreneurship |
Lehti: | Journal of Economics and Management Strategy
1998 : WINTER, VOL. 7:4, p. 551-572 |
Asiasana: | ECONOMICS ENTREPRENEURSHIP MANAGEMENT |
Kieli: | eng |
Tiivistelmä: | This 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. |
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