capital while joint ownership can be optimal if the investments are in physical capital. Recently, several authors have shown that joint ownership can actually be optimal even if investments are in human capital. In particular, joint ownership can be optimal if the parties are asymmetrically informed, if there is a long-term relationship between the parties, or if the parties have know-how that they may disclose. See also References External links The Co-operative Advantage - Creating a successful family of Co-operative businesses. The Report of the Co-operative Commission January 2001. The Co-operative Commission was established by British prime minister Tony Blair in 2000 and recommended that A modernizing bill should be put before Parliament to recognize in law the Co-operative form of common ownership. (recommendation 51). Frank H. Stephen (1984) The Economic Analysis of Producers' Cooperatives London:Macmillan, , p. 145 Economic systems Anarchist theory Socialism Property