What are the problems of coordination?
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Coordination problems are the root cause of a lot of issues in society. Imagine each actor is a player in a game, and must choose a strategy based on the information available to them
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Coordination problems are the root cause of a lot of issues in society. Imagine each actor is a player in a game, and must choose a strategy based on the information available to them. Coordination problems are basically 'games' with multiple outcomes, so they have to decide how to act.
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