diff --git a/rest_framework/schemas/generators.py b/rest_framework/schemas/generators.py
index 3d46251b99c..8794c9967c2 100644
--- a/rest_framework/schemas/generators.py
+++ b/rest_framework/schemas/generators.py
@@ -218,6 +218,10 @@ def should_include_endpoint(self, path, callback):
         if callback.cls.schema is None:
             return False
 
+        if 'schema' in callback.initkwargs:
+            if callback.initkwargs['schema'] is None:
+                return False
+
         if path.endswith('.{format}') or path.endswith('.{format}/'):
             return False  # Ignore .json style URLs.
 
diff --git a/rest_framework/schemas/inspectors.py b/rest_framework/schemas/inspectors.py
index 5c9659a57d7..b90f60e084b 100644
--- a/rest_framework/schemas/inspectors.py
+++ b/rest_framework/schemas/inspectors.py
@@ -157,7 +157,8 @@ def __get__(self, instance, owner):
 
     def __set__(self, instance, other):
         self.instance_schemas[instance] = other
-        other.view = instance
+        if other is not None:
+            other.view = instance
 
     @property
     def view(self):
diff --git a/tests/test_schemas.py b/tests/test_schemas.py
index d13f3f2585b..7f155b570b1 100644
--- a/tests/test_schemas.py
+++ b/tests/test_schemas.py
@@ -99,6 +99,10 @@ def custom_list_action(self, request):
     def custom_list_action_multiple_methods(self, request):
         return super(ExampleViewSet, self).list(self, request)
 
+    @action(detail=False, schema=None)
+    def excluded_action(self, request):
+        pass
+
     def get_serializer(self, *args, **kwargs):
         assert self.request
         assert self.action
@@ -737,6 +741,19 @@ def extra_action(self, pk, **kwargs):
         assert len(fields) == 2
         assert "my_extra_field" in [f.name for f in fields]
 
+    def test_viewset_action_with_null_schema(self):
+        class CustomViewSet(GenericViewSet):
+            @action(detail=True, schema=None)
+            def extra_action(self, pk, **kwargs):
+                pass
+
+        router = SimpleRouter()
+        router.register(r'detail', CustomViewSet, base_name='detail')
+
+        generator = SchemaGenerator()
+        view = generator.create_view(router.urls[0].callback, 'GET')
+        assert view.schema is None
+
     def test_view_with_manual_schema(self):
 
         path = '/example'