Interdependent decision-making in non-profit industries. A simultaneous equation analysis of English provincial theatre

Stephen Jenkins*, David Austen-Smith

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

20 Scopus citations

Abstract

It is argued that much decision-making in non-profit industries is inherently interdependent, and hence this should be modelled explicitly. (This has not been done in the literature to date.) The implications of using a simultaneous equations approach are illustrated in the context of the English provincial repertory market via the specification and estimation of a five equation model of theatre managers', grant donors', and consumers' choices. A joint product with these methodological results is detailed information about the subsidized provincial theatre market.

Original languageEnglish (US)
Pages (from-to)149-174
Number of pages26
JournalInternational Journal of Industrial Organization
Volume5
Issue number2
DOIs
StatePublished - Jan 1 1987

ASJC Scopus subject areas

  • Industrial relations
  • Aerospace Engineering
  • Strategy and Management
  • Industrial and Manufacturing Engineering

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