Please use this identifier to cite or link to this item:
Appears in Collections:Management, Work and Organisation Working Papers
Peer Review Status: Unrefereed
Title: New Framework for the Economic Analysis of Cooperative Firms: Self-Defined Rules, Common Resources, Motivations, and Incentives
Author(s): Sacchetti, Silvia
Tortia, Ermanno
Contact Email:
Citation: Sacchetti S & Tortia E (2010) New Framework for the Economic Analysis of Cooperative Firms: Self-Defined Rules, Common Resources, Motivations, and Incentives. EconomEtica Working Papers, No. 21.
Keywords: cooperative firms
common resources
Institutional economics
Globalization Economic aspects
JEL Code(s): L21: Business Objectives of the Firm
L23: Organization of Production
L26: Entrepreneurship
Issue Date: 1-Jul-2010
Date Deposited: 15-Apr-2011
Publisher: EconomEtica
Series/Report no.: EconomEtica Working Papers, No. 21
Abstract: Cooperatives are characterised by mutual-benefit coordination mechanisms aimed at the fulfilment of members‟ participation rights. This paper explores the institutional elements that regulate individual behaviour and outcomes in cooperatives by bringing together new-institutionalism, behavioural and evolutionary economics. Our framework considers four main dimensions of the governance of cooperative firms: (1) the development and application of self-defined rules by the members of the cooperative; (2) the management, and appropriation of common resources and outcomes; (3) intrinsic motivations and reciprocating behaviours; (4) the implementation of suitable incentive mixes based on inclusion and reciprocity, including both pecuniary and non-pecuniary elements. An example is offered in order to highlight possible problems in the governance of cooperative firms, in particular the processes of distribution and appropriation of surplus. The example aims at introducing the discussion of the new framework of analysis.
Type: Working Paper
Rights: The publisher has not responded to our queries therefore this work cannot be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Socio-Management - LEGACY
University of Stirling
Licence URL(s):

Files in This Item:
File Description SizeFormat 
wp21.pdfFulltext - Published Version563.51 kBAdobe PDFUnder Embargo until 2999-12-02    Request a copy

Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.