000244008 001__ 244008 000244008 005__ 20210122075748.0 000244008 0247_ $$2doi$$a10.22004/ag.econ.244008 000244008 037__ $$a1142-2016-92793 000244008 037__ $$a1142-2016-92866 000244008 041__ $$aeng 000244008 245__ $$aThe Neoclassical Theory of Cooperatives: Part I 000244008 260__ $$c2014 000244008 269__ $$a2014 000244008 300__ $$a20 000244008 336__ $$aJournal Article 000244008 520__ $$aThe theory of the firm contained in most textbooks is inadequate for understanding the economic behavior of cooperatives because some assertions about firm behavior, such as profit maximization, may be inappropriate for cooperatives. This article provides an introduction to the neoclassical theory of cooperatives, which has been useful for generating insights into the behavior of cooperatives in various market structures, helping cooperatives develop business strategies consistent with their objectives, and informing public policy decisions concerning cooperatives. Part I of this article presents the basic elements of the neoclassical theory as it pertains to farm supply cooperatives. 000244008 650__ $$aIndustrial Organization 000244008 650__ $$aMarketing 000244008 650__ $$aPublic Economics 000244008 6531_ $$aCooperatives 000244008 6531_ $$afarm supply cooperatives 000244008 6531_ $$aneoclassical theory 000244008 6531_ $$aobjectives 000244008 6531_ $$astrategies 000244008 6531_ $$aequilibria 000244008 700__ $$aRoyer, Jeffrey S. 000244008 773__ $$q1$$o19$$j28$$d2014 000244008 773__ $$tJournal of Cooperatives 000244008 8564_ $$90f14a719-61f8-41ea-9a66-4aaa7c860dd5$$s270455$$uhttps://ageconsearch.umn.edu/record/244008/files/PARTI_FINALVERSION.pdf 000244008 887__ $$ahttp://purl.umn.edu/244008 000244008 909CO $$ooai:ageconsearch.umn.edu:244008$$pGLOBAL_SET 000244008 912__ $$nSubmitted by Christina Olson (olso6908@umn.edu) on 2016-08-16T15:33:51Z No. of bitstreams: 1 PARTI_FINALVERSION.pdf: 270455 bytes, checksum: 9dc85da4bbfc2956179c0f5528b3f154 (MD5) 000244008 912__ $$nMade available in DSpace on 2016-08-16T15:33:51Z (GMT). No. of bitstreams: 1 PARTI_FINALVERSION.pdf: 270455 bytes, checksum: 9dc85da4bbfc2956179c0f5528b3f154 (MD5) Previous issue date: 2014 000244008 913__ $$aLicense granted by Christina Olson (olso6908@umn.edu) on 2016-08-16T15:26:37Z (GMT): <p class="ds-paragraph"> By depositing this Content ("Content") in AgEcon Search, I agree that I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ("University"), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above. </p> 000244008 980__ $$a1142 000244008 982__ $$gJournal of Cooperatives>Volume 28 (Special Edition), 2014