Most economic analyses, in line with received opinion, assume that nonprofit organisations are intrinsically different from private (for-profit) or public organisations. A substantial proportion of the literature has sought to characterise these differences. Nevertheless, a smaller number of...

Under the impetus of Edward Lazear, personnel economics has established itself as a particularly dynamic area of mainstream labour economics. It aspires to provide the best solutions to the practical problems that human resource managers encounter. The following paper aims to do the following:...