(Wydział Prawa i Administracji UAM, 2009) Buttler, Dominik
The paper outlines the economic interpretation of the existence and function of the nonprofit
sector. The most popular economic theories in this field - so called demand-side theories - explain the
existence of voluntary organisations as a response to government and market failures to satisfy the
demand for certain goods. These theories are widely criticised. The author, however, claims that
reinterpretation of some aspects of this approach creates an important and relatively unexplored area
for further research.