Vertical Markets and Cooperative Hierarchies comprises a selection of sixteen newly written essays that provide clarification to issues pertinent to contemporary cooperatives. Twenty three internationally recognized scholars of agricultural cooperatives, from a variety of disciplines such as industrial organization, finance, sociology, networks, and political theory, contributed theoretical work and empirical observations from different countries. The book is divided into five Parts: I. Cooperatives: between markets and hierarchies; II. Governance; III. Internal organizational issues; IV. Conduct of cooperatives; and V. Cooperative performance.

Kostas Karantininis is research professor of Economics of Agri-Food Supply Chains & Cooperatives at the Royal Veterinary and Agricultural University, Denmark.

Jerker Nilsson is professor of cooperative business at the Swedish University of Agricultural Sciences, Sweden.