A s we have written elsewhere, 1 some aspects of life are too precious, intimate or corruptible to entrust to the market. We prohibit selling kidneys and buying wives or judges. But the market has unquestionably gained new territory in recent years, as more and more activities previously performed by government or nonprofit agencies — including interrogating Iraqi prisoners — have been turned o...

The challenge of the current study is to introduce entrepreneurship into Microeconomics theory for greater extendability and realism yet capture its unique aspects in a manageable analytical model. The model starts with a perfectly competitive market and then adds a subset of agents with unique skills, capabilities, startup savings, and risk preferences, called entrepreneurs. These profit-seeki...

A curious ownership structure is found in Northern Europe – foundations that own and operate business companies. The foundations are non-profit entities, they have no members and no owners, and they cannot be dissolved, but regard it as a goal in itself to run a business. In many cases these entities control more than 50% of the votes in successful international companies such as Carlsberg and ...

Abstract State-Owned Enterprise (SOEs) are business entities owned by governments. Unlike private enterprises which operate on profit-motivation, SOEs often act motives different from profit-making such as fulfilment of governmental or political purposes. Due to this peculiar feature, activities sometime disruptive competitive market. In order regulate so that international market would not be ...

Do for profit hospitals (FPs) perform better than non profit hospitals (NPs) and will continued growth of FPs help contain the alarming increases in U.S. health care costs? Three hospital performance dimensions that need to be considered to address these questions are identified: quality of care, cost of care, and pricing. Existing studies provide ambiguous and conflicting evidence about relati...

We conduct a discrete choice experiment to investigate how the mission of high-tech companies affects job attractiveness and contributes self-selection science engineering graduates who differ in prosocial attitudes. characterize by whether or not company combines its profit motive with on innovation corporate social responsibility (CSR). Furthermore, we vary design (e.g. autonomy) contractible...

Jinnie Y. Davis is Librarian Emerita at the North Carolina State University Libraries; e-mail: jinnie_davis@ncsu. edu. Mignon Adams is Professor Emeritus at the University of the Sciences in Philadelphia; e-mail: m.adams@ usp.edu. Larry Hardesty is retired library director at Austin College; e-mail: [email protected]. Davis made a presentation on this topic at the 5th Kaser Lecture at Ind...