Weiss, Christoph, Pennerstorfer, Dieter. 2013. Product Quality in the Agri-Food Chain: Do Cooperatives Offer High Quality Wine? European Review of Agricultural Economics. 40 (1), 143-162.
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Abstract
We investigate the impact of decentralised decision-making on product quality. Comparing a cooperative and an investor-owned firm suggests that members of the cooperative have an incentive to produce too much and to free-ride on quality. Whether or not cooperatives deliver higher quality products depends on the way in which the quality of the final product is determined from the quality levels of the inputs delivered (quality aggregation) as well as the number of members of the cooperative. Empirical evidence on the Austrian wine market suggests that wines produced by cooperatives tend to be of significantly lower quality, ceteris paribus.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Journal article |
Journal | European Review of Agricultural Economics |
Citation Index | SSCI |
WU-Journal-Rating new | VW-C, WH-B |
Language | English |
Title | Product Quality in the Agri-Food Chain: Do Cooperatives Offer High Quality Wine? |
Volume | 40 |
Number | 1 |
Year | 2013 |
Page from | 143 |
Page to | 162 |
URL | http://erae.oxfordjournals.org/content/40/1/143.full.pdf+html |
DOI | https://doi.org/10.1093/erae/jbs008 |
Open Access | N |
Associations
- People
- Weiss, Christoph (Details)
- Pennerstorfer, Dieter (Former researcher)
- Organization
- Department of Economics (Weiss) (Details)
- Research areas (Ă–STAT Classification 'Statistik Austria')
- 5302 Agricultural economics (Details)