Demand for Collective Goods in Private Nonprofit Markets
Author | : Burton A. Weisbrod |
Publisher | : |
Total Pages | : 14 |
Release | : 2014 |
ISBN-10 | : OCLC:1308959260 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Demand for Collective Goods in Private Nonprofit Markets written by Burton A. Weisbrod and published by . This book was released on 2014 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic theory ascribes the primary role in the provision of public goods to government. This emphasis on government overlooks the role of the not-for-profit sector in providing collective type goods. In this paper we seek to determine the factors influencing charitable contributions to private nonprofit organizations by estimating a demand function for the output of these collective-good providers. Specifically, we test the hypothesis that voluntary giving is responsive to conventional market variables such as advertising expenditures, price, and quality.