Two actors facing a coordination problem are:
A)unlikely to find a mutually acceptable solution to the problem.
B)likely to find a mutually acceptable solution only if one actor has more power than the other.
C)likely to find a mutually acceptable solution that is difficult to enforce.
D)likely to find a mutually acceptable solution that requires little enforcement.

Question

Quizplus · Accepted Answer

Coordination problems often involve finding a solution that both parties can agree on, which, once established, typically requires minimal enforcement because the agreement benefits both actors, making them naturally inclined to adhere to the solution.

Two Actors Facing a Coordination Problem Are