The Logic of Collective Action
Public Goods and the Theory of Groups
By (author) Mancur Olson
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Logic of Collective Action by Mancur Olson
Book DescriptionThis 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 are available to every member, whether or not he has borne any of the costs of providing them. Economists have long understood that defense, law and order were public goods that could not be marketed to individuals, and that taxation was necessary. They have not, however, taken account of the fact that private as well as governmental organizations produce public goods.The services the labor union provides for the worker it represents, or the benefits a lobby obtains for the group it represents, are public goods: they automatically go to every individual in the group, whether or not he helped bear the costs. It follows that, just as governments require compulsory taxation, many large private organizations require special (and sometimes coercive) devices to obtain the resources they need.This is not true of smaller organizations for, as this book shows, small and large organizations support themselves in entirely different ways. The theory indicates that, though small groups can act to further their interest much more easily than large ones, they will tend to devote too few resources to the satisfaction of their common interests, and that there is a surprising tendency for the lesser members of the small group to exploit the greater members by making them bear a disproportionate share of the burden of any group action.All of the theory in the book is in Chapter 1; the remaining chapters contain empirical and historical evidence of the theory s relevance to labor unions, pressure groups, corporations, and Marxian class action."
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Book DetailsISBN: 9780674537514
(210mm x 140mm x 14mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 1-Jul-1974
Country of Publication: United States
Books By Author Mancur Olson
Power and Prosperity, Paperback (October 2000)
This final work by a world-renowned economist will take its place among the classics of political economy
Not-so-dismal Science, Paperback (January 2000)
The influence of the economists type thinking in social sciences is bringing about a theoretical integration of all the social sciences under one overarching paradigm. The chapters of the book illustrate the intellectual advances that account for this unified view of economies and societies.
Rise and Decline of Nations, Paperback (July 1984)
The years since World War II have seen rapid shifts in the relative positions of different countries and regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history and many parts of the world.
No-growth Society, Hardback (June 1975)» View all books by Mancur Olson
First Published in 1975. Routledge is an imprint of Taylor & Francis, an informa company.
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