Comment by strongpigeon
1 day ago
I was more thrown off by their definition of "Coordination Problems" than anything. They say:
> We sometimes run into problems where a number of factors have to be addressed simultaneously in order for them to be effective at all. One weak link can ruin it for the rest. These are called Coordination Problems.
Coordination problems are about multiple actors choosing interdependent outcomes, rather than a problem that needs everything to be done right. This sounds more like a "Weakest Link" problem than a coordination problem.
Not that it invalidates the rest of the post, but it did make me dig in more into the person's background and showed that they're more of a journalist than a game theory expert.
Yeah, they are assuming that different actors are responsible for those different links, probably with different incentives. And it is also a resource allocation problem.