Prüfer, Jens; Larrain Aylwin, M.J. - Tilburg University, Tilburg Law and Economic Center - 2014
Are business associations - private, formal, nonprofit organizations designed to promote the common interests of their … membership of firms and the main functions of associations, which can have positive or negative spillovers on the economy. We … derive predictions regarding associations’ functions and their net welfare effects, depending on the level of property rights …