Coordination differs fundamentally from efficiency/optimality/social-welfare-function economics because coordination requires no well-defined maximum and makes no pretense of one, whereas the modern paradigm presumes a well-defined maxim—a presumption driven by the urge toward scientific status and positivism.

factualpending

Speaker

Dan Klein

Evidence Quote

the coordination doesn't require a maxim and there's no pretense... whereas the others do have the pretense of a well-defined Maxim and... that's all part of a kind of urge towards scientific status and positivism

Source

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

My Notes

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