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	Provedor de dados AgEcon (2) Autor Boetoft, Peter (1) Bogetoft, Peter (1) Jensen, Peter Max Friis (1) Olsen, Rene H. (1) Palavra-chave Agribusiness (2) Asymmetric information (2) Economics of cooperatives (2) Incentives (2) Rationing (1) Tipo do documento Conference Paper or Presentation (1) Working or Discussion Paper (1) Ano 2005 (1) 1999 (1) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última An Information Economic Rationale for Cooperatives AgEcon Boetoft, Peter. We consider how to organize the processing and marketing of an agricultural product when farming costs are known only by the individual farmers. We show that when marginal costs are un-correlated, the market for nal goods is competitive, and the market for processing is non-competitive, the socially optimal production levels are sustained by a cooperative and a cooperative only. We show also that the cooperative form is particularly useful when the cost uncertainty is large and the net average revenue product is small. Tipo: Conference Paper or Presentation Palavras-chave: Economics of cooperatives; Asymmetric information; Incentives; Rationing; Agribusiness. Ano: 2005 URL: http://purl.umn.edu/24476 The Advantage of Cooperatives under Asymmetric Cost Information AgEcon Bogetoft, Peter; Jensen, Peter Max Friis; Olsen, Rene H.. We consider how to organize the processing and marketing of an agricultural product when farming costs are known only by the individual farmers. We show that when marginal costs are un-correlated and the market for final goods is competitive, the socially optimal production levels may be sustained by a cooperative and a cooperative only. We show also that the cooperative form is particularly useful when the uncertainty is large and the net revenue product is small. Tipo: Working or Discussion Paper Palavras-chave: Economics of cooperatives; Asymmetric information; Incentives; Agribusiness. Ano: 1999 URL: http://purl.umn.edu/24176 Registros recuperados: 2 Primeira ... 1 ... Última

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