Many markets maintain a nontrivial mix of both nonprofit and for-profit firms, particularly in
health care industries such as hospice, nursing homes, and home health. What are the
effects of coexistence vs. dominance of one ownership type? We show how the presence of
both ownership types can lead to greater diversity in consumer types served, even if both
firms merely profit-maximize. This is the case where firms serve consumers for multiple
consumption durations, but where donations are part of a nonprofit firm objective function …