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IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance >
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|Title:||Quality provision and governance structure variety: Pooling versus double markup |
Hendrikse, George W. J.
|Issue Date:||2010 |
|Series/Report no.:||IAMO Forum 2010, Halle (Saale), June 16 – 18, 2010: Institutions in Transition - Challenges for New Modes of Governance|
|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.|
|Document Type:||Conference Paper|
|Appears in Collections:||IAMO Forum 2010: Institutions in Transition – Challenges for New Modes of Governance|
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