Publication

Producer Cooperatives: a Transaction Cost Economic Approach

2016
Conference Papers

Abstract

This paper aims at positioning producer cooperatives within the Transaction Cost Economics theory, one of the most cited and prolific theories on management studies. To accomplish this goal, I will answer the questions what is a cooperative, which transactions producer cooperatives regulate, under which market conditions they operate, and where are the boundaries for such organizations. This paper offers a comprehensive framework to study producer cooperatives, adopting a comparative institutional point of view, where producer cooperatives are compared with markets, firms and other hybrid types.

Official source

https://infoscience.epfl.ch/entities/publication/024ce244-e279-4316-b121-eace044fd2d7

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2016
Conference Papers

Abstract

Official source

https://infoscience.epfl.ch/entities/publication/024ce244-e279-4316-b121-eace044fd2d7

About this result

Related concepts (31)

Cooperative

A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors.

Co-operative economics

Cooperative (or co-operative) economics is a field of economics that incorporates cooperative studies and political economy toward the study and management of cooperatives. History of the cooperative movement Cooperative economics developed as both a theory and a concrete alternative to industrial capitalism in the late 1700s and early 1800s. As such, it was a form of stateless socialism. The term "socialism," in fact, was coined in The Cooperative Magazine in 1827.

Worker cooperative

A worker cooperative is a cooperative owned and self-managed by its workers. This control may mean a firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote. Worker cooperatives rose to prominence during the Industrial Revolution as part of the labour movement. As employment moved to industrial areas and job sectors declined, workers began organizing and controlling businesses for themselves.

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Producer Cooperatives: a Transaction Cost Economic Approach

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