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Financing and access in cooperatives


  • Rey, Patrick
  • Tirole, Jean


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Suggested Citation

  • Rey, Patrick & Tirole, Jean, 2007. "Financing and access in cooperatives," International Journal of Industrial Organization, Elsevier, vol. 25(5), pages 1061-1088, October.
  • Handle: RePEc:eee:indorg:v:25:y:2007:i:5:p:1061-1088

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    References listed on IDEAS

    1. Hart, Oliver D & Moore, John, 1988. "Incomplete Contracts and Renegotiation," Econometrica, Econometric Society, vol. 56(4), pages 755-785, July.
    2. Glaeser, Edward L. & Shleifer, Andrei, 2001. "Not-for-profit entrepreneurs," Journal of Public Economics, Elsevier, vol. 81(1), pages 99-115, July.
    3. Williamson, Oliver E, 1979. "Transaction-Cost Economics: The Governance of Contractural Relations," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 233-261, October.
    4. Grossman, Sanford J & Hart, Oliver D, 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 691-719, August.
    5. Josh Lerner & Jean Tirole, 2004. "Efficient Patent Pools," American Economic Review, American Economic Association, vol. 94(3), pages 691-711, June.
    6. Oliver Hart & John Moore, 1998. "Cooperatives vs. Outside Ownership," NBER Working Papers 6421, National Bureau of Economic Research, Inc.
    7. Carl Shapiro, 2001. "Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting," NBER Chapters,in: Innovation Policy and the Economy, Volume 1, pages 119-150 National Bureau of Economic Research, Inc.
    8. Hart, Oliver & Moore, John, 1996. "The Governance of Exchanges: Members' Cooperatives versus Outside Ownership," Oxford Review of Economic Policy, Oxford University Press, vol. 12(4), pages 53-69, Winter.
    9. repec:hrv:faseco:33078971 is not listed on IDEAS
    10. Michael Kremer, 1997. "Why are Worker Cooperatives So Rare?," NBER Working Papers 6118, National Bureau of Economic Research, Inc.
    11. Innes, Robert & Sexton, Richard J, 1994. "Strategic Buyers and Exclusionary Contracts," American Economic Review, American Economic Association, vol. 84(3), pages 566-584, June.
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    Cited by:

    1. Pennerstorfer, Dieter & Weiss, Christoph R., 2012. "On the Relative Disadvantage of Cooperatives: Vertical Product Differentiation in a Mixed Oligopoly," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 40(1).
    2. Derek C. Jones & Panu Kalmi, 2013. "Cooperative enterprise," Chapters,in: Handbook on the Economics of Reciprocity and Social Enterprise, chapter 8, pages 85-93 Edward Elgar Publishing.
    3. Giannakas, Konstantinos & Fulton, Murray & Sesmero, Juan, 2016. "Horizon and Free-Rider Problems in Cooperative Organizations," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(3), September.
    4. Bert Sadowski, 2014. "Consumer Cooperatives as a new Governance Form: The Case of the Cooperatives in the Broadband Industry," Working Papers 14-03, Eindhoven Center for Innovation Studies, revised Feb 2014.
    5. Fulton, Murray & Giannakas, Konstantinos, 2012. "The Value of a Norm: Open Membership and the Horizon Problem in Cooperatives," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 40(2).
    6. Sadowski, Bert M., 2017. "Advanced users and the adoption of high speed broadband: Results of a living lab study in the Netherlands," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 1-14.
    7. Yu, Jianyu, 2009. "Quality Provision and Farmer Inclusion of Agricultural Cooperatives," 2009 Conference, August 16-22, 2009, Beijing, China 51553, International Association of Agricultural Economists.
    8. Bareille, François & Beaugrand, Florence & Duvaleix-Treguer, Sabine, 2016. "Objectives’ alignment between members and agricultural cooperatives," 149th Seminar, October 27-28, 2016, Rennes, France 244948, European Association of Agricultural Economists.
    9. Zieseniß, Roland, 2014. "Markterfolg und Erfolgsfaktoren von Genossenschaften und anderen Rechtsformen: Ein Vergleich von deutschen Molkereien anhand betriebswirtschaftlicher Kennzahlen," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 63(1).
    10. repec:eee:ecosys:v:41:y:2017:i:1:p:86-97 is not listed on IDEAS
    11. Tilman Klumpp & Xuejuan Su, 2010. "Open Access and Dynamic Efficiency," American Economic Journal: Microeconomics, American Economic Association, vol. 2(2), pages 64-96, May.
    12. Fiordelisi, Franco & Mare, Davide Salvatore, 2014. "Competition and financial stability in European cooperative banks," Journal of International Money and Finance, Elsevier, vol. 45(C), pages 1-16.
    13. Kyriakos Drivas & Konstantinos Giannakas, 2010. "The Effect of Cooperatives on Quality-Enhancing Innovation," Journal of Agricultural Economics, Wiley Blackwell, vol. 61(2), pages 295-317.
    14. Sukhtankar, Sandip, 2016. "Does firm ownership structure matter? Evidence from sugar mills in India," Journal of Development Economics, Elsevier, vol. 122(C), pages 46-62.
    15. Charlotte Ostergaard & Ibolya Schindele & Bent Vale, 2009. "Social capital and the viability of stakeholder-oriented firms: Evidence from Norwegian savings banks," Working Paper 2009/14, Norges Bank.

    More about this item

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise


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