The coordination plays central role in the economics. The conventional economic theory looks at the market and … enterprise (or hierarchy) as two different, separated manner of coordination of economic goods and services. However the modern … several types of hybrid forms) of coordination (or governance structure) necessarily live together in the current economic …

institutions which help in the process of coordination. From this kind of resource development emerge competitive territorial … development, territorial development, territorial income, specific product, coordination …

In a coordination game with Pareto-ranked equilibria, we study whether a sunspot can lead to either coordination on an … inferior equilibrium (mis-coordination) or to out-of equilibrium behavior (dis-coordination). While much of the literature … searches for mechanisms to attain coordination on the efficient equilibrium, we consider sunspots as a potential reason for …

Successful coordination is key for economic and societal wealth. The rich literature on the minimum-effort game (MEG …) has provided valuable insights into coordination, both theoretically and empirically. Yet, although real-world scenarios … often involve asymmetric benefits and/or costs from coordination, most previous studies rely on symmetric MEGs. We …