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28 juin 2023
- ISIDORE Id: 10670/1.7f519a...
- hal: hal-04963853
info:eu-repo/semantics/OpenAccess
Mots-clés
Cooperatives Free-riding Competing corporate forms D - Microeconomics/D.D2 - Production and Organizations/D.D2.D23 - Organizational Behavior • Transaction Costs • Property Rights D - Microeconomics/D.D7 - Analysis of Collective Decision-Making/D.D7.D71 - Social Choice • Clubs • Committees • Associations D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty L - Industrial Organization/L.L2 - Firm Objectives, Organization, and Behavior/L.L2.L22 - Firm Organization and Market StructureSujets proches
Distribution, Cooperative Cooperative associations Co-operative societies Cooperative distribution Co-ops (Cooperative societies) Stores, Cooperative Cooperatives Cooperative stores Coops (Cooperative societies)Citer ce document
Jean Tirole et al., « The (Ir)Relevance of the Cooperative Form », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.7f519a...
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Résumé
It is puzzling that cooperatives, which stand for the interests of their users, do not occupy more space in the market for corporate forms. This paper unveils a new impediment to their formation. It shows that equilibrium free-riding handicaps cooperatives in their competition with alternative institutions, notably the for-profits. The irrelevance of cooperatives is a remarkably robust result. The paper then analyzes desirable government interventions in the corporate market.
