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Cooperation Between Businesses
- 1. A2 Micro Co-operation in Markets Tutor2u, Summer 2013
- 2. Co-operation in Markets Joint Ventures Industry Standards Open Source Movement Co- operatives
- 3. NETWORK SHARING Vodafone and Telefonica FUEL CELL RESEARCH Toyota and BMW AIRLINES Star Alliance Joint Ventures – a huge rise in these business agreements – an alternative to merger/takeover
- 4. Business / Industry Co-operation
- 5. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion
- 6. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion
- 7. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion
- 8. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion
- 9. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion
- 10. Gains from Co-operation Lower Unit Costs Dynamic Efficiency Fall in Poverty Social Welfare Gains Ethical Business Co-operation is not the same as collusion The rise of the collaborative economy
- 11. Trust • 1/ Mutual affection (the implicit understand that comes from loving relationships) • 2/ Pro-social disposition (I might feel bad about letting someone else down, our incentives to be honest) • 3/ Mutual reinforcement (e.g. punishments for broken promises, withholding future cooperation) • 4/ Reputation (reputations can be built or undermined when transactions are repeated on many occasions, brand values) • 5/ External enforcement (an impersonal approach to changing behaviour, verification, witness statements, the rule of law, legal institutions and enquiries)
- 12. Get help from fellow students, teachers and tutor2u on Twitter: @tutor2u_econ