Investment Decisions In New Generation Cooperatives: A Case Study Of Value Added Products (Vap) Cooperative In Alva, Oklahoma
Explaining the phenomena of new generation cooperatives development is important to understand why some producers invest in new generation cooperative investment and some do not. Results from Tobit analysis suggests that non-monetary benefits from investment are significant factors that influence producer investment decisions in new generation cooperative.
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- Michael L. Cook & Constantine Iliopoulos, 2000. "Ill-defined property rights in collective action: the case of US agricultural cooperatives," Chapters, in: Institutions, Contracts and Organizations, chapter 22 Edward Elgar Publishing.
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