Law and peace: Contracts and the success of the Danish dairy cooperatives

Henriksen, Ingrid, Hviid, Morten and Sharp, Paul (2012) Law and peace: Contracts and the success of the Danish dairy cooperatives. The Journal of Economic History, 72 (01). pp. 197-224. ISSN 0022-0507

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Abstract

We consider the successful early emergence of cooperative creameries in Denmark in the late nineteenth century within the framework of the “new institutional economics” presented by Oliver Williamson. Previous work focused on the social cohesion of the Danes, but we demonstrate that this was not sufficient for their success. The Danish legal system, which we compare to that of other countries, was also of crucial importance, along with the way in which rules were monitored and enforced. Of particular interest is the Danish cooperatives’ use of contracts, which we explore with evidence from a variety of primary and secondary sources.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > School of Law
Related URLs:
Depositing User: Morten Hviid
Date Deposited: 13 Mar 2012 11:14
Last Modified: 24 Sep 2022 21:31
URI: https://ueaeprints.uea.ac.uk/id/eprint/38143
DOI: 10.1017/S0022050711002488

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