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The Reform of the Western European Co-operative Legislation: a First Assessment from a Bargaining Point of View

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  • Marco Marini
  • Alberto Zevi

Abstract

Western European countries have recently witnessed legislative reforms concerning the set of rules governing the co-operative type of organizations (and, in particular, the producer co-operatives). The most innovative aspect introduced by these reforms seems the possibility for the co-operatives to include, beside the traditional physical-person members (PPMs), a certain number of financial-backer members (FBMs) who only bring in risk capital. The paper presents a model that tries to ascertain how this element is going to affect the behaviour and the performances of producer co-operatives and which type of incentives will emerge as a result.

Suggested Citation

  • Marco Marini & Alberto Zevi, 1998. "The Reform of the Western European Co-operative Legislation: a First Assessment from a Bargaining Point of View," Rivista italiana degli economisti, Società editrice il Mulino, issue 1, pages 83-104.
  • Handle: RePEc:mul:jqat1f:doi:10.1427/3633:y:1998:i:1:p:83-104
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    Cited by:

    1. Marini, Marco, 1998. "Stable producer co-operatives in competitive markets," MPRA Paper 31925, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms

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