Aldashev, Gani; Marini, Marco; Verdier, Thierry - Collegio Carlo Alberto, Università degli Studi di Torino - 2013
Mission-driven nonprofi?t organizations compete for donations through fundrais- ing activities. Such competition can lead to inefficient outcomes, if nonpro?fits impose ex- ternalities on each others? output. This paper studies the design of sustainable voluntary cooperation agreements, using a...