of the cooperative. In the presence of a financial market, cooperative shares would be issued and allocated to both … democratic governance of the cooperative, peer pressure, and other horizontal monitoring mechanisms, would support members …

We propose a new model of mixed oligopoly where a workers' cooperative firms competes with a number of profit … objective function of the cooperative; moreover, its membership is treated as endogenous in the Cournot-Nash equilibrium. We … show which factors may be responsible of the degeneration of the workers' cooperative firms, which occurs when the number …