The Economics of Values, Ideals and Organizations

Values-based organizations are institutions, communities and non-governmental organizations (NGOs) which are inspired by a mission or a vocation – for these groups it is their ideals which are most important to them and economics does not have a way to incorporate that into its analysis. This book provides a short introduction to the economics of values-based organizations.

The book opens with an analysis of some phenomena common to all organizations: the management of vulnerabilities in re...