Coordination

describes farmers working towards a shared goal, but without personal interaction. The alignment of actions toward the shared goal is achieved by an entity that coordinates the activities. Belongs to the range of collective approaches. Note that coordination is understood differently in game theory/ public goods gamesare a widely applied economic experiments. In a public goods game, a group of people is endowed with resources which they can either place in a private or a joint account (public good). In a standard linear voluntary contributions... More.