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Surveying The Economics Of Plural Modes Of Organization

Author

Listed:
  • Emmanuel Raynaud
  • Paula Sarita Bigio Schnaider
  • Maria Sylvia Macchione Saes

Abstract

Why do firms concomitantly rely on more than one organizational arrangement to procure/distribute a given input/product? In this paper, we systematically review and discuss the extensive path undergone by the literature exploring this issue: the so‐called plural forms. We address two main questions: how to explain the coexistence (and often the prevalence) of plural forms in many types of businesses? Are plural forms stable or a transitory phenomenon? We describe the most prominent motivations identified in the economics and management literature that drive firms to adopt plural forms and show that their vast majority are related to the mitigation of various types of agency/transaction costs. We also demonstrate that most of the available pieces of empirical evidence suggest the stability of plural forms over time. We conclude by demonstrating the path that has been trailed by the most recent developments.

Suggested Citation

  • Emmanuel Raynaud & Paula Sarita Bigio Schnaider & Maria Sylvia Macchione Saes, 2019. "Surveying The Economics Of Plural Modes Of Organization," Journal of Economic Surveys, Wiley Blackwell, vol. 33(4), pages 1151-1172, September.
    • Handle: RePEc:bla:jecsur:v:33:y:2019:i:4:p:1151-1172
    DOI: 10.1111/joes.12315
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    Cited by:

    1. Schnaider, Paula Sarita & Saes, Maria Sylvia Macchione & Raynaud, Emmanuel, 2022. "It takes two to tango: combining asset specificity and uncertainty to explain the diversity of plural forms," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 25(2), March.
    2. Alban Thomas & Claire Lamine & Benjamin Allès & Yuna Chiffoleau & Antoine Doré & Sophie Dubuisson-Quellier & Mourad Hannachi, 2020. "The key roles of economic and social organization and producer and consumer behaviour towards a health-agriculture-food-environment nexus: recent advances and future prospects," Review of Agricultural, Food and Environmental Studies, Springer, vol. 101(1), pages 23-46, October.
    3. Bruno V. Miranda & Brent Ross & Jason Franken & Miguel Gómez, 2022. "Plural forms and differentiation strategies in the agri‐food sector: Evidence from the U.S. wine industry," Agribusiness, John Wiley & Sons, Ltd., vol. 38(3), pages 486-504, July.

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