- Posted by Beatrice
- On 06/10/2018
- 0 Comments
via della Pergola 60
Wednesday, 22 January 2019
Francesco Guala (Università di Milano)
Coordination and Solution Thinking
Abstract: Standard theories of rational decision are unable to explain how two or more individuals can form beliefs that allow them to coordinate smoothly in situations of strategic interaction. I argue that a form of reasoning called Solution Thinking is often used effectively to solve coordination problems. The main difference between Solution Thinking and standard strategic reasoning is that beliefs are an output, not an input, of the reasoning process. I also illustrate some empirical data that seem to confirm this hypothesis.