Template-Type: ReDIF-Paper 1.0 Author-Name: Hendrikse, G.W.J. Author-Name-Last: Hendrikse Author-Name-First: George Author-Name: Veerman, C.P. Author-Name-Last: Veerman Author-Name-First: Cees Title: Marketing co-operatives Abstract: Marketing co-operatives (MCs) are analysed from an incomplete contracting perspective. The requirement of the domination of control by the members of a MC is a threat to the survival of a MC in markets where the level of asset specificity at the processing stage of production is increasing. However, a MC may remain an efficient governance structure when the increasing level of asset specificity is compensated for by a sufficient increase in the extent of product differentiation. Creation-Date: 2000-05-18 File-URL: https://repub.eur.nl/pub/22/erimrs20000518161546.pdf File-Format: application/pdf Series: RePEc:ems:eureri Number: ERS-2000-13-ORG Classification-JEL: D2, G3, L2, M, M10 Keywords: incomplete contracts, marketing cooperatives Handle: RePEc:ems:eureri:22