Quality, reputation and the choice of organizational form

Abstract: "This paper revisits the hypothesis that nonprofit organizations emerge in markets that are characterized by contractual incompleteness because they ensure consumers against opportunistic behavior. We extend the Glaeser and Shleifer (2001) framework which studies an entrepreneur's optimal choice of organizational form and service quality when quality is non-contractible into a repeated interaction setting. The main result is that when reputations can be sustained, then for-profit status is the preferred organizational form and high quality services are ensured. This finding suggests that existing explanations of nonprofit organizations that focus entirely on contractual imperfections in the producer/consumer relationship may be inadequate." [author's abstract]

Standort
Deutsche Nationalbibliothek Frankfurt am Main
Umfang
Online-Ressource
Sprache
Englisch
Anmerkungen
Postprint
begutachtet (peer reviewed)
In: Journal of Economic Behavior & Organization ; 71 (2009) 2 ; 515-527

Ereignis
Veröffentlichung
(wo)
Mannheim
(wann)
2009
Urheber
Vlassopoulos, Michael

DOI
10.1016/j.jebo.2009.02.014
URN
urn:nbn:de:0168-ssoar-287514
Rechteinformation
Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Letzte Aktualisierung
15.08.2025, 07:22 MESZ

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Beteiligte

  • Vlassopoulos, Michael

Entstanden

  • 2009

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