ON COLLECTIVE FARMS AND PRODUCER CO-OPERATIVES,
Abstract
The study consists of four parts: in the first, Ward's creation, called the 'Pure Model' of a co-op is re-worked with a generalized production function. The tenor of Ward's findings (based on a single-output, one-or-twoinput function) is confirmed, but some of the results are made more definite, and one is reversed. The second part is a short digression on a co-op as a monopolist. In the third part, the co-op is faced with a supply schedule of labor; this makes the model much more realistic and reverses the paradoxical results of the 'Pure Model'. A summary and conclusions are presented in the fourth part.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1965
- Accession Number
- AD0617555
Entities
People
- Evsey D. Domar
Organizations
- RAND Corporation