We build a theoretical model to study a market structure of a marketing cooperative with direct selling, in which many farmers are members of an agricultural marketing cooperative. They can sell their production either to the cooperative or on an oligopolistic local market. We show that the...

In this essay I discuss the role of cooperation in the process of innovation. I argue for a reorientation of the way we conceptualize economic behavior, taking account of the centrality of cooperation as a driving force of economic dynamism. I also seek to distinguish between different forms of...