agricultural economics, cooperatives, farm markets, coop models
The purpose of this paper is to review the basic economic models used to analyze cooperative organizations. But more importantly the paper attempts to assist the reader in understanding of how cooperatives are either like or unlike Investor-owned businesses. If cooperatives are different, what are the implications of these different member-patrons boards of directors and managment?
Department of Economics, South Dakota State University
Number of Pages
Schmiesing, Brian and Bleyhl, Julie, "Cooperative Theory: A Review
of Recent Literature" (1986). Economics Staff Paper Series. 44.