mancur lloyd olson

(noun)

Mancur Lloyd Olson, a leading American economist, sought to understand the logical basis of interest group membership and participation. In his first book, The Logic of Collective Action: Public Goods and the Theory of Groups (1965), he theorized that "only a separate and ‘selective' incentive will stimulate a rational individual in a latent group to act in a group-oriented way"; that is, members of a large group will not act in the group's common interest unless motivated by personal gains.

Related Terms

Examples of mancur lloyd olson in the following topics:

  • Members

    • Mancur Lloyd Olson, a leading American economist, sought to understand the logical basis of interest group membership and participation.
    • Mancur Lloyd Olson, a leading American economist, sought to understand the logical basis of interest group membership and participation.
    • Olson offered a radically different account of the logical basis of organized collective action.

  • The Characteristics of Members

    • Mancur Lloyd Olson, a leading American economist, sought to understand the logical basis of interest group membership and participation.
    • Olson offered a radically different account of the logical basis of organized collective action.