Product quality in the agri-food chain: do cooperatives offer high-quality wine?

摘要: We investigate the impact of decentralised decision-making on product quality. Comparing a cooperative and an investor-owned firm suggests that members have incentive to produce too much free-ride Whether or not cooperatives deliver higher quality products depends way in which final is determined from levels inputs delivered (quality aggregation) as well number cooperative. Empirical evidence Austrian wine market wines produced by tend be significantly lower quality, ceteris paribus. , Oxford University Press.