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This paper develops a theory of endogenous league formation and considers its implications for policy in developing countries. We generalize from features of the two most prominent European co-op leagues, Mondragón and La Lega, to develop the first formal model of the endogenous formation of...
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This dissertation studies the role of clothing manufacturing co-operatives in job creation and poverty alleviation in Sharpeville. Ttie study focuses on three areas, namely, the theories of unemployment, poverty and clothing manufacturing, the state of unemployment and poverty in Sharpeville and...
Persistent link: https://www.econbiz.de/10009456161
While other parts of the new institutional economics (e. g. principal agent theory,transaction cost theory) have already been applied to co-operative researchwith some success, property rights theory has as yet been only rarelyused in this regard. At the same time, the traditional structure of...
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