Henriksen, Ingrid; Hviid, Morten; Sharp, Paul - Økonomisk Institut, Københavns Universitet - 2011
We consider the successful early emergence of cooperative creameries in Denmark in the late nineteenth century within the framework of the ‘new institutional economics’ presented by Williamson (2000). Previous work has focused on the social cohesion of the Danes, but we demonstrate that this...
