| Abstract |
Helmberger and Hoos' (HH) 1962 paper is a landmark in the economic
theory of agricultural cooperatives. Along with the related work by Helmberger
(1964), it represented the definitive treatment of marketing cooperative
behavior and standard reading for graduate students in agricultural marketing
for more than two decades. To understand fully HH's paper, appreciate its
many strengths, and also recognize its weaknesses, one must interpret it
both in the context of the work on cooperatives that preceded it over the
prior two decades and in the framework of developments in general economic
theory at that time. In this comment I attempt to provide such a perspective. |
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