Fatas, Enrique; Jimenez-Jimenez, Francisca; Morales, … - In: Applied Economic Perspectives and Policy 32 (2010) 4, pp. 564-587
In this paper we focus on inefficient product quality arising from a free-riding problem in agricultural cooperatives. Individual incentives are not aligned with group gains in cooperatives because individual members bear the costs of offering higher qualities, whereas the benefits from these...