overall catch quota to a voluntary cooperative, with the remainder exploited as a commons by those choosing to fish …

case of perfect competition, an outside owner achieves the first-best; a cooperative typically does not because the rent …'s preferences may not reflect average preferences. Second, in the case where the members of a cooperative have common preference …

with theoretical work on internal theory of the firm, which predicts that productivity compensation schemes will work well … production, as theory has hypothesized. The number of members in a group decreases both the quantity produced and the efficiency …

metric, but with a potentially favorable trajectory of improvement - incumbents may be wary of engaging in cooperative … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively … entry before switching to a cooperative commercialization strategy. Empirical evidence from the automated speech recognition …