The Logic of Collective Action

Public Goods and the Theory of Groups

Ranked #93 in Game Theory, Ranked #96 in Political Science

This book develops an original theory of group and organizational behavior that cuts across disciplinary lines and illustrates the theory with empirical and historical studies of particular organizations. Applying economic analysis to the subjects of the political scientist, sociologist, and economist, Mancur Olson examines the extent to which the individuals that share a common interest find it in their individual interest to bear the costs of the organizational effort.

The theory shows that most organizations produce what the economist calls "public goods"--goods or services that...
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