I study the competition between one nonprofit and one for-profit firm under various objective functions of the … nonprofit firm. The two firms optimize their objectives with respect to quality and price of their products. The nonprofit firm … decrease, and consumer and total surplus increase. For the case of quality maximization pursued by the nonprofit firm, I derive …

We study the conditions under which it is rational for a representative entrepreneur to start a nonprofit firm. Taking … find that the nonprofit organizational form becomes unequivocally more attractive to entrepreneurs if enforcement of the … non-distribution constraint is weak. We also nd that the quality delivered by nonprofit firms is lower under weak …

Limited donations force nonprofit entrepreneurs to ration needy individuals by deciding on who is served at what …

literature on the pricing and rationing behaviour of nonprofit firms. Within our theoretical model, we find ambiguous reactions …

organization without endowments under asymmetric information. The non-profit is able to adapt its organization by establishing a …

A homogenous goods market with nonprofit and profit companies engaged in monopolistic competition is proposed. In a …. However, nonprofit companies under a long run zero profit constraint will act inefficiently and have higher marginal costs … than profit companies. From this follows that more funds for donations to nonprofit companies reduce the welfare to be …