This paper presents a model of economic behavior that explicates the phenomenon known as“orderly marketing,” which was a main objective of the Marketing Orders agricultural programintroduced early in the New Deal. Recent analyses of marketing orders start with an implicitassumption that...

Leathers (1991) shows that while the existence of allocable fixed inputs can cause joint production (as in Shumway, Pope and Nash, 1984), it will not necessarily lead to joint production. The extent to which allocable fixed inputs cause joint production in agriculture is an empirical question....

If profit-maximizing farmers are free to join or not to join a cooperative, it may appear reasonable to assume that a cooperative will exist only when it has cost advantaged over non-cooperative marketing. This paper presents a model in which that result fails. Every individual farmer chooses...

This paper presents a model of economic behavior that explicates the phenomenon known as “orderly marketing,†which was a main objective of the Marketing Orders agricultural program introduced early in the New Deal. Recent analyses of marketing orders start with an implicit assumption...