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Cooperatives in Economic Literature—Capita Selecta

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Book cover The Cooperative Enterprise

Part of the book series: Cooperative Management ((COMA))

Abstract

There is no universally recognized economic theory of cooperation. In this part of the book, we review  number of the main issues highlighted in the cooperative literature.

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Notes

  1. 1.

    See Adams (1963). Akerlof and Yellen (1990) explain the “social exchange theory” in the field of sociology which is similar to equity theory.

  2. 2.

    Stigler, G. J., 1968, p. 68.

  3. 3.

    A third possibility is an oligopoly (with a kink in the demand curve) whereby competitors will follow a reduction in price but not a rise in price; see Sweezy (1939).

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Authors and Affiliations

  1. TIAS School for Business and Society, Tilburg University, Utrecht, The Netherlands

    Gert van Dijk

  2. Department of Agricultural Economics, Aristotle University of Thessaloniki, Thessaloniki, Greece

    Panagiota Sergaki

  3. Department of Business Economics and Management, Mediterranean Agronomic Institute of Chania, Chania, Greece

    George Baourakis

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  3. George Baourakis
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van Dijk, G., Sergaki, P., Baourakis, G. (2019). Cooperatives in Economic Literature—Capita Selecta. In: The Cooperative Enterprise. Cooperative Management. Springer, Cham. https://doi.org/10.1007/978-3-030-16279-5_7

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