http://worldcat.org/entity/work/id/26285456

On collective farms and producer co-operatives

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.

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