There is a second, distinct sense of coordination—'mutual coordination' associated with Thomas Schelling and game theory—where parties like a supplier and baker coordinate terms, schedules and prices; this usage now dominates economics, having largely displaced the older concatenate sense.

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Speaker

Dan Klein

Evidence Quote

this brings us to the other kind of coordination what I call mutual coordination associated with Thomas Schelling and game theory this notion of coordination is actually the usage that now dominates in economics

Source

Dan Klein on Coordination and Cooperation 02/04/2008EconTalk
Created: 6/15/2026, 9:36:53 AM

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