Nonprofit organizations are arguably the fastest growing and most
dynamic part of modern market economies in democratic countries.
This Handbook explores the frontiers of knowledge at the
intersection of economics and the management of these entities. Top
researchers in the field review the role, structure, and behavior
of private, nonprofit organizations as economic units and their
participation in markets and systems of public service delivery,
assess the implications of this knowledge for the efficient
management of nonprofit organizations and the formulation of
effective public policy, and identify cutting-edge questions for
future research. Building on the success of the first edition, this
thoroughly revised and expanded edition explores: (1) areas of
general agreement from previous research; (2) areas of conflicting
results and unexplored questions; (3) the relative roles of theory,
data availability, and empirical analysis in explaining gaps in our
knowledge; and (4) what must be done to improve our knowledge and
extend the literature. Selected original chapters addressing
especially challenging topics include: the value of risk management
to nonprofit decision-making; nonprofit wages theory and evidence;
the valuation of volunteer labor; property tax exemption for
non-profits; when is competition good for the third sector; product
diversification and social enterprise; international perspectives;
the application of experimental research; and the macroeconomic
effects of the nonprofit sector. This book is a valuable resource
for academics, but the concerns of nonprofit sector managers and
decision-makers are also addressed, making it a useful reference
for practitioners as well. Contributors include: S. Alaimo, J. Alm,
N. Bania, J. Bergdoll, W. Bowman, E. Brown, T. Calabrese, C.F.
Chang, G.L. Chikoto-Schultz, J.J. Cordes, K. Coventry, L. Faulk,
M.F. Grace, F. Handy, T.D. Harrison, B.T. Hirsch, P. Hughes, R.A.
Irvin, M. Jegers, L. Leete, W. Luksetich, D.A. Macpherson, L. Mook,
D.G. Neely, S.M. Oster, A.E. Preston, J. Quarter, P. Rooney, R.
Sansing, B.A. Seaman, E. Searing, D.L. Sjoquist, A. Slivinski, R.
Steinberg, R. Stoycheva, D. Teles, D.Tinkelman, S. Toepler, E.C.
Tortia, H.P. Tuckman, V. Valentinov, D.R. Young
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