Cooperativity is an emergent many-body phenomenon related to the degree to which elementary entities (particles, molecules, organisms) collectively interact to form larger scale structures. From the standpoint of a formal mean field description of chemical reactions, the cooperativity index m, describing the number of elements involved in this structural self-organization, is the order of the reaction. Thus, m for molecular self-assembly is the number of molecules in the final organized structure, e.g., spherical micelles. Although cooperativity is crucial for regulating the thermodynamics and dynamics of self-assembly, there is a limited understanding of this aspect of self-assembly. We analyze the cooperativity by calculating essential thermodynamic properties of the classical mth order reaction model of self-assembly (FAm model), including universal scaling functions describing the temperature and concentration dependence of the order parameter and average cluster size. The competition between self-assembly and phase separation is also described. We demonstrate that a sequential model of thermally activated equilibrium polymerization can quantitatively be related to the FAm model. Our analysis indicates that the essential requirement for "cooperative" self-assembly is the introduction of constraints (often nonlocal) acting on the individual assembly events to regulate the thermodynamic free energy landscape and, thus, the thermodynamic sharpness of the assembly transition. An effective value of m is defined for general self-assembly transitions, and we find a general tendency for self-assembly to become a true phase transition as m-->infinity. Finally, various quantitative measures of self-assembly cooperativity are discussed in order to identify experimental signatures of cooperativity in self-assembling systems and to provide a reliable metric for the degree of transition cooperativity.