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Welfare impacts of a non-profit firm in mixed commercial markets

✍ Scribed by Gregory E. Goering


Book ID
116424716
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
162 KB
Volume
32
Category
Article
ISSN
0939-3625

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## Abstract A mixed duopoly setting is examined where a private non‐profit firm (NPO) competes with a private profit‐maximizer. The NPO's stakeholders select a contract for their managers. A novel NPO objective function is utilized which takes into account all the likely returns to the NPO's stakeh