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Altruisim and the Economics of Non‐Profit Organisations
Author(s) -
Gassler Robert Scott
Publication year - 1998
Publication title -
financial accountability and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.661
H-Index - 44
eISSN - 1468-0408
pISSN - 0267-4424
DOI - 10.1111/1468-0408.00059
Subject(s) - economics , positive economics , profit (economics) , neoclassical economics , public economics , institutional economics , microeconomics
Economists cannot completely explain the existence of nonprofit organisations without assuming that some individuals are altruistic and have a Kantian ethic. Once that is done, the economic model becomes more realistic, and some interesting implications for economics and management can be derived.