Which of the following occurs when party A would like to change his behavior if party B would change hers, and vice versa, and yet the two changes do not take place because the decisions of A and B are made independently?

Question

Quizplus · Accepted Answer

This is an example of coordination failure, where both parties have an incentive to change their behavior, but the desired changes do not occur because they are not coordinating or communicating with each other.

Which of the Following Occurs When Party a Would Like