University of Wisconsin Center for Cooperatives
Journal of Cooperatives
CLASSIC REVIEW


Title A Perspective on Helmberger and Hoo’s Theory of Cooperatives
Author(s) Richard J. Sexton
Series Volume 10
Issue Date 1995
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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