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Differential economic behavior of for-profit and nonprofit institutions can be manifest in both output and input markets. When behavior in output markets is difficult to observe, behavior in input markets can be useful proxies. We examine monetary compensation and its composition between base...
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W THAT can be said of the implications of an industry in which the market constraints of competition and profit motivation are either absent or extremely weak, and there is no effective substitute device for stimulating efficiency? This paper considers certain relationships between prices,...
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In Dallas, Texas, in 1929, Justin Ford Kimball, executive vice-president of Baylor University, originated a plan whereby Dallas school teachers paid $6 a year to the University Hospital and were extended hospital care without further charge [1, p. 5 ]. From this beginning grew Blue Cross plans,...
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