Components of Coordination

In the past, trust was purely social (think the caveman days). Then it switched to trusted institutions (banks, governments, companies) which was a step up, but we still had to rely on the other parties goodwill, or their incentive to behave in the right way.
The problem today is that institutions have become the sole gatekeepers of trust. We are st

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Coordination Failures occur when a group of humans could achieve a desirable outcome by working together but fail to do so because they don't coordinate their decision-making