Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52694 
Year of Publication: 
2010
Series/Report no.: 
IAMO Forum 2010, Halle (Saale), June 16 - 18, 2010: Institutions in Transition - Challenges for New Modes of Governance
Publisher: 
Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), Halle (Saale)
Abstract: 
This paper examines how farmers producing differentiated quality products choose different governance structures in a non-cooperative game between farmers, enterprises, and consumers. A cooperative and an IOF (investor owned firm) coexist in equilibrium and low quality is delivered by the cooperative. The trade-off between pooling and the elimination of the double markup determines the attractiveness of cooperatives compared to IOFs.
Subjects: 
Quality
Cooperatives
Investor-Owned Firms
JEL: 
C72
L22
Q13
Document Type: 
Conference Paper

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