On the relative advantage of cooperatives
Svend Albæk and
Christian Schultz ()
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Svend Albæk: Institute of Economics, University of Copenhagen
No 1998-02, CIE Discussion Papers from University of Copenhagen. Department of Economics. Centre for Industrial Economics
We show that the fact that farmers in a cooperative individually decide how much to supply to cooperative may serve as a commitment device for credibility (and profitably) gaining market share in competition with a profit maximizing firm.
Keywords: cooperatives; commitment (search for similar items in EconPapers)
JEL-codes: L22 Q13 (search for similar items in EconPapers)
Pages: 8 pages
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Published in: Economics Letters. June 1998; 59(3): 397-401
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Journal Article: On the relative advantage of cooperatives (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuieci:1998-02
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