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The Economics of Nonprofit Enterprises

Edited by Richard Steinberg, Professor of Economics, Philanthropic Studies and Public Affairs, Indiana University – Purdue University Indianapolis, US
The literature on nonprofit organizations can be said to have developed in three waves. The first wave asserted some plausible objectives for a nonprofit organization possessing monopoly power and examined the subsequent implications for organizational behaviour; the second looked more broadly at the role of nonprofit organizations in a wider economy as they compete or collaborate with for-profit firms and government agencies; the third wave began the development of integrated theories in which the objectives of nonprofit organizations emerge endogenously within an environment potentially containing organizations from other sectors. The Economics of Nonprofit Enterprises brings together some of the most important previously published articles which investigate and elucidate these phases.
Extent: 588 pp
Hardback Price: $308.00 Web: $277.20
Publication Date: 2004
ISBN: 978 1 84376 036 8
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  • Business and Management
  • Non-profits
  • Economics and Finance
  • Public Sector Economics
  • Welfare Economics
The literature on nonprofit organizations can be said to have developed in three waves. The first wave asserted some plausible objectives for a nonprofit organization possessing monopoly power and examined the subsequent implications for organizational behaviour; the second looked more broadly at the role of nonprofit organizations in a wider economy as they compete or collaborate with for-profit firms and government agencies; the third wave began the development of integrated theories in which the objectives of nonprofit organizations emerge endogenously within an environment potentially containing organizations from other sectors. The Economics of Nonprofit Enterprises brings together some of the most important previously published articles which investigate and elucidate these phases.

Richard Steinberg has written an authoritative new introduction which provides an interesting overview of the subject and points the way for future research.
28 articles, dating from 1981 to 2001
Contributors include: M. Bilodeau, E.L. Glaeser, F. Handy, H. Hansmann, E. James, J. Khanna, M.V. Pauly, S. Rose-Ackerman, A. Shleifer, B. Weisbrod
Contents:
Acknowledgements
Introduction Richard Steinberg
PART I SURVEY OF EARLIER LITERATURE
1. Henry Hansmann (1987), ‘Economic Theories of Nonprofit Organization’
2. Richard Steinberg (1987), ‘Nonprofit Organizations and the Market’
PART II GENERAL CONSIDERATIONS
3. Avner Ben-Ner and Theresa Van Hoomissen (1991), ‘Nonprofit Organizations in the Mixed Economy: A Demand and Supply Analysis’
4. Richard Steinberg (1993), ‘Public Policy and the Performance of Nonprofit Organizations: A General Framework’
5. Charles T. Clotfelter (1992), ‘The Distributional Consequences of Nonprofit Activities’
6. Susan Rose-Ackerman (1987), ‘Ideals versus Dollars: Donors, Charity Managers, and Government Grants’
PART III NONPROFITS AS PROVIDERS OF PUBLIC GOODS
7. Marc Bilodeau and Al Slivinski (1998), ‘Rational Nonprofit Entrepreneurship’
8. Marc Bilodeau and Al Slivinski (1997), ‘Rival Charities’
9. Anne E. Preston (1988), ‘The Nonprofit Firm: A Potential Solution to Inherent Market Failures’
10. Henry Hansmann (1981), ‘Nonprofit Enterprise in the Performing Arts’
11. Estelle James (1993), ‘Why Do Different Countries Choose a Different Public-Private Mix of Educational Services?’
PART IV NONPROFITS AND ASYMMETRIC INFORMATION
12. Henry Hansmann (1990), ‘The Economic Role of Commercial Nonprofits: The Evolution of the U.S. Savings Bank Industry’
13. Ottorino Chillemi and Benedetto Gui (1991), ‘Uninformed Customers and Nonprofit Organization: Modelling “Contract Failure” Theory’
14. Richard A. Hirth (1999), ‘Consumer Information and Competition between Nonprofit and For-Profit Nursing Homes’
15. Femida Handy and Eliakim Katz (1998), ‘The Wage Differential between Nonprofit Institutions and Corporations: Getting More by Paying Less?’
16. Edward L. Glaeser and Andrei Shleifer (2001), ‘Not-for-Profit Entrepreneurs’
17. Femida Handy (1997), ‘Coexistence of Nonprofit, For-Profit and Public Sector Institutions’
PART V THE BEHAVIOR OF NONPROFIT ORGANIZATIONS
18. Richard Steinberg (1986), ‘The Revealed Objective Functions of Nonprofit Firms’
19. Jyoti Khanna, John Posnett and Todd Sandler (1995), ‘Charity Donations in the UK: New Evidence Based on Panel Data’
20. Lewis M. Segal and Burton A. Weisbrod (1998), ‘Interdependence of Commercial and Donative Revenues’
PART VI COMPARING NONPROFIT AND FOR-PROFIT BEHAVIOR
21. Burton A. Weisbrod (1998), ‘Institutional Form and Organizational Behavior’
22. Mark V. Pauly (1987), ‘Nonprofit Firms in Medical Markets’
23. Mark McClellan and Douglas Staiger (2000), ‘Comparing Hospital Quality at For-Profit and Not-for-Profit Hospitals’
24. Richard Steinberg and Burton A. Weisbrod (1998), ‘Pricing and Rationing by Nonprofit Organizations with Distributional Objectives’
25. Laura Leete (2001), ‘Whither the Nonprofit Wage Differential? Estimates from the 1990 Census’
PART VII PUBLIC POLICY
26. Jerald Schiff and Burton Weisbrod (1991), ‘Competition between For-Profit and Nonprofit Organizations in Commercial Markets’
27. Estelle James (1998), ‘Commercialism among Nonprofits: Objectives, Opportunities, and Constraints’
28. James M. Ferris and Elizabeth Graddy (1994), ‘Organizational Choices for Public Service Supply’
Name Index