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Coordination and cooperation

Published online by Cambridge University Press:  02 October 2003

Maarten C. W. Janssen*
Affiliation:
Department of Economics, Erasmus University, 3000 DR, Rotterdam, The Netherlands www.eur.nl/few/people/janssen
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Abstract:

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This comment makes four related points. First, explaining coordination is different from explaining cooperation. Second, solving the coordination problem is more important for the theory of games than solving the cooperation problem. Third, a version of the Principle of Coordination can be rationalized on individualistic grounds. Finally, psychological game theory should consider how players perceive their gaming situation.

Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2003