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| Cozzarin, Brian P.; Barry, Peter J.. |
| The manuscript addresses the choice of organizational form in industrialized hog production. The objectives are to review the relevant theoretical literature on organizational form and create conceptual models of two of the major contractual relationships (alliance and integrator) emerging in the hog sector. Actual contracts are proprietary. Consequently, empirical information is scarce; however, we feel that the application of conceptual models of contracts can aid in making performance comparisons. The goal is to give some prescription as to which alternative organizational and contractual forms will perform the best. The models developed in this paper derive optimal contracts and show that an integrator organizational form (one party as residual... |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1998 |
URL: http://purl.umn.edu/34428 |
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| Cozzarin, Brian P.; Westgren, Randall E.. |
| U.S. hog production has become an industrialized process. New technology has caused the scale of operations to increase, and the organizational form of hog farms to change. One of the new organizational forms can be found in North Carolina and Colorado where vertical integration and/or franchise-like production methods prevail. This type of production may not be possible or appealing to some producers. Instead, they may be able to reap some of the benefits of specialization by forming strategic alliances. The purpose of the paper is to answer the question: is it possible to create the same sort of control mechanisms in a production alliance that exist in a vertically integrated firm? Production risk is potentially one of the greatest problems in an... |
| Tipo: Journal Article |
Palavras-chave: Industrial Organization; Livestock Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/34479 |
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