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 language | English (US) |
|---|---|
| Pages (from-to) | 149-174 |
| Number of pages | 26 |
| Journal | International Journal of Industrial Organization |
| Volume | 5 |
| Issue number | 2 |
| DOIs | |
| State | Published - Jan 1 1987 |
Funding
Arts Council grants (At): total AC grant to a rep for the year t, excluding the supplementary grants occasionally made to reduce theatres' accumulated deficits.
ASJC Scopus subject areas
- Industrial relations
- Aerospace Engineering
- Strategy and Management
- Industrial and Manufacturing Engineering