刊名:International Journal of Industrial Organization
出版年:2017
出版时间:January 2017
年:2017
卷:50
期:Complete
页码:294-318
全文大小:894 K
卷排序:50
文摘
We empirically model competition between nonprofits who rely heavily on donations We infer competitive behavior from donor market size changes necessary to induce entry We find that nonprofit markets reach competitive equilibrium at five or more firms These findings are largely consistent across several nonprofit industries.