Work

Integrating Organizational Economics and Resource Dependence Theory to Explain the Persistence of Quasi Markets

Year: 2017

Type: article

Abstract: The past few decades have been characterized by a growing body of profit-seeking public service areas with the understanding that profit-seeking organizations will deliver public services more efficiently than government can. These sectors include, but are not limited to, health care, corrections and education. Governments have created quasi markets to attract private providers of services in these sectors, with varying results. Organizational economics has provided the primary explanation for quasi markets, but questions about the sought-for efficiencies actually realized through these markets persist. We integrate resource dependence theory and organizational economics to provide a more comprehensive explanation of the persistence of quasi markets.

Source: Administrative Sciences

DOI: 10.3390/admsci7030029

Authors: Jason Coupet, Abagail McWilliams

Institutions: North Carolina State University, University of Illinois Chicago

Language: English

Topic: Public Policy and Administration Research

Subfield: Public Administration

Field: Social Sciences

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $1,689

OpenAlex ID: W2732176802

FWCI: 6.598

Cites: 74

Cited by: 25

Related to: 10