Cooperative Growth and Decline: A Game Theoretic Approach to Understanding Members’ Allocation Choices Report as inadecuate




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In the present research, the agent’'s choice to leave or join a cooperative is modeled to be a function of alternative investment opportunities and choices made by other agents who are faced with an identical set of possible strategies. Once the agent has made the decision to join a cooperative, the agent may reevaluate available alternatives in each period. The result is a multi-period repeated game in which the growth or decline of a cooperative is determined.

Subject(s): Agribusiness

Issue Date: 2006

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/21279

Total Pages: 23

Series Statement: Selected Paper

Record appears in: American Agricultural Economics Association (AAEA) > 2006 Annual meeting, July 23-26, Long Beach, CA





Author: Bond, Jennifer Keeling

Source: http://ageconsearch.umn.edu/record/21279?ln=en



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