Theory of collective action

Acronym
TCA (?)

Concise description of theory
The economic theory of collective action is concerned with the provision of public goods (and other collective consumption) through the collaboration of two or more individuals, and the impact of externalities on group behavior. It is more commonly referred to as Public Choice. Mancur Olson's 1965 book The Logic of Collective Action: Public Goods and the Theory of Groups, is an important early analysis of the problems of public good cost.

Source: http://en.wikipedia.org/wiki/Collective_action

Diagram/schematic of theory
N/A

Originating author(s)
Mancur Olson

Originating area
Sociology, Economics, Political Science

Original Contributor(s)
Please feel free to make modifications to this site. In order to do so, you must register. Return to Theories Used in IS Research