In Political Science and Economics
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.
Besides economics, the theory has found many applications in political science, sociology, communication, anthropology and environmentalism.
Read more about this topic: Collective Action
Famous quotes containing the words political, science and/or economics:
“The merely political aspect of the land is never very cheering; men are degraded when considered as the members of a political organization.”
—Henry David Thoreau (1817–1862)
“No science is immune to the infection of politics and the corruption of power.”
—Jacob Bronowski (1908–1974)
“Women’s battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)