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Mancur Olson

Wikipedia · 2026

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2026-09-01

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TheoryOlson's The Logic of Collective Action (1965) argued that members of large groups do not act to further their common interest unless coerced or offered selective incentives, while small groups organise more easily.TheoryOlson contrasted 'roving bandits', who simply plunder, with 'stationary bandits' who monopolise theft in a territory and therefore have an interest in limiting extraction and promoting prosperity.