(SOLVED) Cooperative enterprises are collectively owned

and their affair

Cooperative enterprises are collectively owned, and their affairs are directed through shared
governance. Use the preceding theory to discuss the management of some cooperative
enterprises with which you are familiar, such as a cooperative dairy, a cooperative apartment
building, an Israeli kibbutz, a Hutterite farm, a commune, and so on.

a. Give a concrete example of the difference between ownership and governance in

organizations. In your example, which form of organization has a higher transaction cost of
making decisions?b. Find a concrete example of a corporation whose managers faced a hostile
take-over bid that succeeded. After the take-over, what happened […]

The directors of a corporation are often the first people to know about facts that affect its stock
price. American law forbids directors and other “insiders” from using “inside information” to
speculate on the value of the company’s stocks. Use the theory of first appropriation and the
economics of information […]

One possible pitfall of the renewal-fee system for determination of optimal patent life is that,
ideally, we want the patent-holder to compare the renewal fee with the social benefit of
continuing the patent for another year, not just the private benefit. Can you suggest how, in
setting the annual renewal […]

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The Federal Government provides disaster insurance that helps people to build vacation homes
in places subject to flooding, such as sand dunes. Assume the government wants to protect the
environment by preventing construction of homes on a specific sand dune near the ocean. If the
government takes private property on […]

Compare the efficiency of the following two methods of amending the just-compensation
constraint:a. Define just compensation to be fair market value (including relocation costs) plus,
say, 20 percent.b. Allow private property owners to make their own assessments of the value of
their property. Property owners agree to pay property taxes […]

No one may use a patent without the patent-holder’s permission. But in a limited set of
circumstances, others may use copyrighted material without the copyright-holder’s permission.
These circumstances—called the “fair use” exception—allow, for example, reviewers to quote
from copyrighted material without permission, teachers to photocopy or distribute electronically
and assign […]

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