Publication

Producer cooperatives: a transaction cost economic approach

2014
Conference Papers

Abstract

This paper aims at understanding whether producer cooperatives are efficient organisational forms, through the lenses of Transaction Cost Economics. To accomplish this goal I will answer the questions what is a cooperative, why do cooperatives exist, which transactions should producer cooperatives govern, how are they internally organised, and where are the boundaries. 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/e8a72c10-eac5-41da-b768-f3be59fe6f84

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2014
Conference Papers

Abstract

Official source

https://infoscience.epfl.ch/entities/publication/e8a72c10-eac5-41da-b768-f3be59fe6f84

About this result

Related concepts (24)

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.

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.

Agricultural cooperative

An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activity. A broad typology of agricultural cooperatives distinguishes between agricultural service cooperatives, which provide various services to their individually-farming members, and agricultural production cooperatives in which production resources (land, machinery) are pooled and members farm jointly.