The Assessment: Games and Coordination

Coordination problems arise in a multitude of economic interactions.Recent advances in the field of game theory have shed new lighton these problems and the ways in which they might be analysed.This issue of the Oxford Review of Economic Policy first examinessome of the theoretical dimensions to this literature, as wellas some empirical and experimental insights. It goes on to applysome of these ideas to a number of important policy areas, includingmacroeconomic policy coordination, public good provision, andproblems of political coordination.