Aldashev, Gani; Verdier, Thierry - C.E.P.R. Discussion Papers - 2007
Is competition for donations between development NGOs good for welfare? We address this question in a monopolistic … competition model à la Salop (1979). NGOs - defined by the non-distribution constraint - compete for donations from donors by … exerting fundraising effort. If the market size is fixed, the free-entry equilibrium number of NGOs is usually larger than the …