Member Value in Co-operatives
AbstractUntil today there is a research gap considering the question, what motivates a member to enter or leave a co-op, resp. what are the reasons to stay in a co-operative. The majority of studies about this topic mainly focus on economic factors and the rational behavior of the member. However, co-ops also have other purposes not associated with financial goals. The presented paper is proposing a new perspective on membership in co-operatives, which combines the German-speaking as well as the Anglo-American line of research, and is a first attempt for an interdisciplinary member value approach. The member value approach focuses on the individual member, but does not ignore the co-operative character all the same. Members have got different expectations towards the co-op whereas latent preferences, based on the nine basic needs by Max-Neef (1991), and economic goals must be distinguished. Member value arise as a result of the match between the latent preferences and economic goals of the members and the latent and manifest benefits provided by the co-op, therefore member value is not a statistic, but a dynamic concept.
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Bibliographic InfoPaper provided by Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland in its series FSES Working Papers with number 444.
Length: 14 pages
Date of creation: 03 Oct 2013
Date of revision:
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-10-11 (All new papers)
- NEP-HME-2013-10-11 (Heterodox Microeconomics)
- NEP-HPE-2013-10-11 (History & Philosophy of Economics)
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