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This paper analyses the flexibility decision of firms. In particular we (a) ask whether the flexibility choice is influenced by market structure (concentration, market growth, ...), (b) compare the firms' actual choices with welfare maximising flexibility decisions (c) investigate the...
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-profit production in an industry, as well as predictions about such fundamental matters as the share of nonprofit activity. By …Industries in which private nonprofit production is present and significant, such as health care and education, account … for more than one-fifth of US economic activity. This paper argues that previous analysis of nonprofits has not separated …
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-profit production in an industry, as well as predictions about such fundamental matters as the share of nonprofit activity. By …Industries in which private nonprofit production is present and significant, such as health care and education, account … for more than one-fifth of US economic activity. This paper argues that previous analysis of nonprofits has not separated …
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