A coordination problem usually occurs in situations where there is
A. no Nash equilibrium in a game.
B. a unique, but undesirable Nash equilibrium.
C. a unique secure strategies for both players.
D. more than one Nash equilibrium.
Answer:D
A coordination problem usually occurs in situations where there is
A. no Nash equilibrium in a game. B. a unique, but undesirable Nash equilibrium. C. a unique secure strategies for both players. D. more than one Nash equilibrium.