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competitive_advantages_of_cooperation [2017/06/20 16:49]
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competitive_advantages_of_cooperation [2017/12/09 00:46] (current)
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   * Banerjee et al (2004)   * Banerjee et al (2004)
-  * Bogetoft ​(2005), abstract"when marginal costs are uncorrelated,​ the market ​for final goods is competitive,​ and the market for processing is non-competitive,​ the socially optimal production levels are sustained by a cooperative and a cooperative only"+  * Blasi et al. (?): for ESOPs 
 +  * Bogetoft (2005)
   * Guinnane (2001)   * Guinnane (2001)
   * Mikami (2013)   * Mikami (2013)
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 ## Lower rates of failure ## Lower rates of failure
  
-  * See list in EP footnote +  * Blasi et al. (?): for ESOPs
-  * Credit union report+
   * Molk (2014), 941: "the limited empirical studies on cooperative ownership versus investor ownership performance generally suggest cooperatives have lower failure rather than comparable investor-owned rivals";​ later attributes this, possibly, to the greater difficulty of cooperative startups, weeding out inefficient models   * Molk (2014), 941: "the limited empirical studies on cooperative ownership versus investor ownership performance generally suggest cooperatives have lower failure rather than comparable investor-owned rivals";​ later attributes this, possibly, to the greater difficulty of cooperative startups, weeding out inefficient models
   * Pérotin (2016): "​Worker co-operatives survive at least as long as other businesses and have more stable employment"​   * Pérotin (2016): "​Worker co-operatives survive at least as long as other businesses and have more stable employment"​
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 ## Productivity benefits ## Productivity benefits
  
 +  * Blasi et al. (?): for ESOPs
 +  * Bogetoft (2005), abstract: "when marginal costs are uncorrelated,​ the market for final goods is competitive,​ and the market for processing is non-competitive,​ the socially optimal production levels are sustained by a cooperative and a cooperative only"
   * Molk (2014), 941: "​cooperatives broadly have higher measures of productivity than comparable investor-owned firms";​ later attributes this, possibly, to the greater difficulty of cooperative startups, weeding out inefficient models   * Molk (2014), 941: "​cooperatives broadly have higher measures of productivity than comparable investor-owned firms";​ later attributes this, possibly, to the greater difficulty of cooperative startups, weeding out inefficient models
   * Pérotin (2016): "​Worker cooperatives are more productive than conventional businesses, with staff working '​better and smarter'​ and production organised more efficiently"​   * Pérotin (2016): "​Worker cooperatives are more productive than conventional businesses, with staff working '​better and smarter'​ and production organised more efficiently"​
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   * Alves et al. (2016)   * Alves et al. (2016)
 +  * Blasi et al. (?): for ESOPs
   * Burdín and Dean (2009)   * Burdín and Dean (2009)
   * _Economist_ (2009): the perseverance of Mondragon during the recession   * _Economist_ (2009): the perseverance of Mondragon during the recession
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   * Bain & Company. "​[Member Driven Strategies – Leveraging Cooperatives’ Competitive Advantage](https://​www.sommetinter.coop/​en/​virtual-library/​studies/​member-driven-strategies-leveraging-cooperatives-competitive-advantage)."​ Bain & Company, 2014.   * Bain & Company. "​[Member Driven Strategies – Leveraging Cooperatives’ Competitive Advantage](https://​www.sommetinter.coop/​en/​virtual-library/​studies/​member-driven-strategies-leveraging-cooperatives-competitive-advantage)."​ Bain & Company, 2014.
   * Banerjee, Abhijit V., Timothy Besley, and Timothy W. Guinnane. "[Thy Neighbor'​s Keeper: The Design of a Credit Cooperative with Theory and a Test](https://​www.princeton.edu/​rpds/​papers/​Banerjee_Besley_Guinnane_Thy_Neighbors_Keeper_QJE1994.pdf)."​ _The Quarterly Journal of Economics_ 109, no. 2 (May, 1994).   * Banerjee, Abhijit V., Timothy Besley, and Timothy W. Guinnane. "[Thy Neighbor'​s Keeper: The Design of a Credit Cooperative with Theory and a Test](https://​www.princeton.edu/​rpds/​papers/​Banerjee_Besley_Guinnane_Thy_Neighbors_Keeper_QJE1994.pdf)."​ _The Quarterly Journal of Economics_ 109, no. 2 (May, 1994).
 +  * Blasi, Joseph R., Douglas L. Kruse and Richard B. Freeman. _[Having a Stake: Evidence and Implications for Broad-based Employee Stock Ownership and Profit Sharing](http://​www.thirdway.org/​report/​having-a-stake-evidence-and-implications-for-broad-based-employee-stock-ownership-and-profit-sharing)_. Third Way, ?.
   * Bogetoft, Peter. "[An information economic rationale for cooperatives](https://​www.researchgate.net/​publication/​5212251_An_information_economic_rationale_for_cooperatives)."​ _European Review of Agricultural Economics_ 32, no. 2 (February 2005).   * Bogetoft, Peter. "[An information economic rationale for cooperatives](https://​www.researchgate.net/​publication/​5212251_An_information_economic_rationale_for_cooperatives)."​ _European Review of Agricultural Economics_ 32, no. 2 (February 2005).
   * Burdín, Gabriel and Andrés Dean. "[New evidence on wages and employment in worker cooperatives compared with capitalist firms](http://​www.sciencedirect.com/​science/​article/​pii/​S0147596709000560)."​ _Journal of Comparative Economics_ 37, no. 4 (December 2009).   * Burdín, Gabriel and Andrés Dean. "[New evidence on wages and employment in worker cooperatives compared with capitalist firms](http://​www.sciencedirect.com/​science/​article/​pii/​S0147596709000560)."​ _Journal of Comparative Economics_ 37, no. 4 (December 2009).