equilibrium in symmetric (2 x 2) coordination games. Because the need to coordinate exposes players to strategic risk, we treat …

Considering a pure coordination game with a large number of equivalent equilibria, we argue, first, that a focal point … two new roles of focal points as coordination devices …

We study a coordination game among agents on a network, who choose whether or not to take an action in an uncertain … equilibrium partitions (coordination sets) and thresholds using the primitives of the model. We show that there is a single … coordination set if and only if the network is balanced, i.e., the average degree of each subnetwork is no larger than the average …

multiple M equilibria exhibit coordination problems that could not be anticipated through the lens of existing models …

We study a coordination game on a fixed connected network where players have to choose between two projects. Some … players do not. We show that, when all players are farsighted, full coordination among the moderate players is reached except … little by little the inefficient Nash equilibria. Finally, we consider a social planner who can improve coordination by means …