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competitive_advantages_of_cooperation [2017/12/09 00:44]
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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)
 +  * Blasi et al. (?): for ESOPs
   * Bogetoft (2005)   * Bogetoft (2005)
   * Guinnane (2001)   * Guinnane (2001)
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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"   * 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
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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