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Mancur Olson’s The Logic Of Collective Action
Beginning of paper
In 1965 an intellectual bomb was dropped on the field of interest groups, in the form of . In this seminal work Olson details the dynamics of group formation. The central theory is that men and women are rational, correspondingly they maximize benefits and minimize costs; because of this rationality people will not join in collective action unl ....
Middle of paper
....se the benefits do not outweigh the costs of joining. Olson limits the by-product theory to large and latent groups. This is done because according to Olson’s central theory of collective action small and intermediate groups do not face the collective action problem. In order to properly explore the merits and failures of the by-product theory,.... |
| Word count: 1892 |
Page count: 7 |
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