Frontmatter -- Preface -- Contents -- 1. Nonprofits in a Mixed Economy -- 2. Options among Institutional Forms -- 3. Incentives and Performance -- 4. Anatomy of the Voluntary Nonprofit Sector -- 5. Charitable Donations -- 6. Revenues from Sales -- 7. Volunteer Labor -- 8. Are Nonprofits Really...

We show that, if the utility function is non-homothetic, environmental taxes can have positive non-environmental effects. These effects are illustrated with specific reference to taxes on gasoline and tobacco, in the context of a computational model. We also clarify the relationship between the...

We analyze four methods to measure unexplained gaps in mean outcomes: three decompositions based on the seminal work of Oaxaca (1973) and Blinder (1973) and an approach involving a seemingly naïve regression that includes a group indicator variable. Our analysis yields two principal findings....

This article models the allocation of contributions by a Political Action Committee (PAC) among a group of candidates running in different races, assuming utility maximizing behavior on the part of the PAC and the candidates. Under various assumptions about objectives, contributions are found to...