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Overcoming the Common Pool Problem Through Voluntary Cooperation : The Rise and Fall of a Fishery Cooperative
Deacon, Robert - 2010
overall catch quota to a voluntary cooperative, with the remainder exploited as a commons by those choosing to fish …
Persistent link: https://www.econbiz.de/10013138469
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Cooperatives vs. Outside Ownership
Hart, Oliver; Moore, John - 2021
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 …
Persistent link: https://www.econbiz.de/10013219182
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When Can Public Policy Makers Rely on Private Markets? The Effective Provision of Social Services
Blank, Rebecca M. - 2021
The privatization of social services is being increasingly discussed. The social services market is characterized by multiple market failures, including informational asymmetries, agency problems, externalities, and distributional concerns. Consumers may care as much or more about quality of...
Persistent link: https://www.econbiz.de/10013313329
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Why are Worker Cooperatives so Rare?
Kremer, Michael - 2021
distorts incentives. I assume that employment contracts are incomplete. In the model cooperative members pay in a capital … function of output. If the median member has less than average ability, the cooperative will vote for a redistributive schedule …, cooperative members will be reluctant to leave, since this entails forfeiting the dividends on their capital contribution. The …
Persistent link: https://www.econbiz.de/10013212352
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The Impact of Child Care Subsidies on Child Well-Being : Evidence from Geographic Variation in the Distance to Social Service Agencies
Herbst, Chris M. - 2010
In recent years, child care subsidies have become an integral part of federal and state efforts to move economically disadvantaged parents from welfare to work. Although previous empirical studies consistently show that these employment-related subsidies raise work levels among this group,...
Persistent link: https://www.econbiz.de/10013139557
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A Free Lunch in the Commons
Kotchen, Matthew J. - 2010
We derive conditions under which cost-increasing measures - consistent with either regulatory constraints or fully expropriated taxes - can increase the profits of all agents active within a common-pool resource. This somewhat counterintuitive result is possible regardless of whether price is...
Persistent link: https://www.econbiz.de/10013152439
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What is the Business of Business?
Nilsson, Andreas - 2017
This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...
Persistent link: https://www.econbiz.de/10012954434
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Can War Foster Cooperation?
Bauer, Michal - 2018
In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social cooperation at the local level, including community participation and prosocial behavior. Thus...
Persistent link: https://www.econbiz.de/10012936047
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Dangers of a Double-Bottom Line : A Poverty Targeting Experiment Misses Both Targets
Karlan, Dean - 2018
Two for-profit Philippine social enterprises, aiming to demonstrate corporate social responsibility by increasing microlending to the poor, incorporated a widely-used poverty measurement tool into their loan applications and tested the tool using randomized training content. Treated loan...
Persistent link: https://www.econbiz.de/10012925285
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Is the Japanese Distribution System Really Inefficient?
Ito, Takatoshi; Maruyama, Masayoshi - 2022
This paper investigates the efficiency of the Japanese distribution system, measured by the distribution margin. Most of the discussions on the Japanese distribution system have so far relied on institutional descriptions and anecdotal evidence, failing to substantiate the case. The present...
Persistent link: https://www.econbiz.de/10013308486