Journal article

Consciously pursued joint action: Agricultural and food value chains as clubs

E Fleming, G Griffith, S Mounter, D Baker

International Journal on Food System Dynamics | Published : 2018

Abstract

Certain members of a population consciously and deliberately decide to take joint action to provide particular types of goods or services that are at least partly excludable and at least partly congestible because it is too costly to provide such goods individually. These goods are called club goods or collective goods. We first define some key concepts in club theory and public choice. This includes the prospects for determining the optimal level of membership of a club, how to determine the optimal level and range of provision of services by a club, and consideration of the dynamics of club membership. Then we examine the ways in which club theory can help provide an alternative approach t..

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University of Melbourne Researchers