cooperation

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cooperation

  1. the process whereby businesses seek to coordinate their pricing and output policies rather than compete with one another in order to secure higher profits. See OLIGOPOLY, COLLUSION, CARTEL.
  2. the process whereby individuals coordinate their work in GROUPS.

cooperation

  1. 1the process whereby FIRMS seek to coordinate their pricing and output policies rather than compete with one another in order to achieve JOINT-PROFIT MAXIMIZATION. See MUTUAL INTERDEPENDENCE, OLIGOPOLY.
  2. the process whereby individuals coordinate their work in TEAMS.
References in periodicals archive ?
She reported the incident to police but the man refused to co-operate with officers and is threatening to shoot himself.
Bolt said: "It is sending a bad message to the sport that if you co-operate with us we'll reduce the sentence.
Derek Twigg, Labour MP for Halton, said it was a "scandal" that some officers were refusing to co-operate and urged David Cameron to intervene.
When opposing parties co-operate, they get the highest possible collective benefits.
Clr Peter McBride, Cabinet Member for Investment and Regeneration, said: "Mr Punshon has made his view clear that we have not done enough to satisfy the duty to co-operate with neighbouring councils.
Under the agreement, both parties have agreed to co-operate on mutual banking industry activities, including the exchange of information about policies and procedures they follow, conducting workshops, as well as launching training programs.
A UK judge has criticised Barclays Bank (LSE: BARC) for failing to co-operate during the failed prosecution of a supervisor who is accused of robbing a pensioner.
We co-operate wherever there is room to co-operate.
London, April 12 ( ANI ): A new study has indicated that our desire to co-operate with each other may have resulted in the evolution of bigger brains as compared to our ancestors.
Abdessalem said that Tunisia was ready to co-operate with Turkey in all fields and eager to increase their mutual trade volume.
LIBYAN authorities have agreed to co-operate with Scottish prosecutors and police investigating the Lockerbie bombing, the Foreign Office said.
Rasmussen said the two sides "could conceivably co-operate on shooting down an incoming missile".