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coordination failure

Overview page. Subjects: Economics.

A situation where activities which could have benefited two or more parties do not take place because they fail to coordinate their plans. In less developed countries, for example, one...

See overview in Oxford Index

coordination failure

Edited by John Black, Nigar Hashimzade and Gareth Myles.

in A Dictionary of Economics

January 2012; p ublished online May 2013 .

Reference Entry. Subjects: Economics. 172 words.

A situation where activities which could have benefited two or more parties do not take place because they fail to coordinate their plans. For example, one might find mineral resources...

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Expectational Coordination Failures and Market Volatility

Roger Guesnerie.

in Rethinking Expectations

January 2013; p ublished online October 2017 .

Chapter. Subjects: Macroeconomics and Monetary Economics. 8004 words.

This chapter examines one line of criticism of the Rational Expectations Hypothesis (REH): expectational coordination failures. It begins by addressing the question of what went wrong with...

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Intersectoral Complementarities and Coordination Failures

Pranab Bardhan and Christopher Udry.

in Development Microeconomics

May 1999; p ublished online November 2003 .

Chapter. Subjects: Economic Development and Growth. 4192 words.

This chapter is about models that show how intersectoral complementarities in the economy generate multiple equilibria, highlighting the policy problem of moving away from a ‘low‐level...

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Investment complementarities, coordination failure, and systemic bankruptcy

Mei Li.

in Oxford Economic Papers

October 2013; p ublished online September 2012 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Money and Interest Rates. 7215 words.

This paper studies systemic bankruptcy in an economy where: (i) investment complementarities exist; (ii) firms have heterogeneous information about investment returns; and (iii) firms need...

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coordination failure

Overview page. Subjects: Economics.

A situation where activities which could have benefited two or more parties do not take place because they fail to coordinate their plans. In less developed countries, for example, one...

See overview in Oxford Index

coordination failure

John Black, Nigar Hashimzade and Gareth Myles.

in A Dictionary of Economics

January 2009; p ublished online January 2009 .

Reference Entry. Subjects: Economics. 132 words.

A situation where activities which could have benefited two or more parties do not take place because they fail to

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coordination failure

John Black, Nigar Hashimzade and Gareth Myles.

in A Dictionary of Economics

January 2017; p ublished online January 2017 .

Reference Entry. Subjects: Economics. 172 words.

A situation where activities which could have benefited two or more parties do not take place because they fail to

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The Great Depression in Sweden as a wage coordination failure

Klas Fregert.

in European Review of Economic History

December 2000; p ublished online December 2000 .

Journal Article. Subjects: Industrial History; Labour History; Economic History. 0 words.

Recent research on the Great Depression has concluded that a worldwide decline in aggregate demand, emanating from the United States, was propagated into a fall in real activity through...

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The Government‐Firm Relationship in Postwar Japanese Economic Recovery: Resolving the Coordination Failure by Coordination in Industrial Rationalization

Tetsuji Okazaki.

in The Role of Government in East Asian Economic Development

August 1998; p ublished online January 2007 .

Chapter. Subjects: Business and Management. 10597 words.

This chapter describes the workings of a government-sponsored Council for Industrial Rationalization for resolving particular investment coordination problems facing Japan in the postwar...

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Failures Of Dynamic Coordination in Disease States and Their Implications For Normal Brain Function

Steven M. Silverstein.

in Dynamic Coordination in the Brain

July 2010; p ublished online August 2013 .

Chapter. Subjects: Neuroscience. 8303 words.

A number of non-independent factors, such as neurotransmitter and receptor excesses and reductions, a reduced ability to generate oscillations and synchrony, and changes in gene expression...

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Systemic Failure, Coordination, and Contingencies: Understanding Electoral System Change in New Zealand

Jack Vowles.

in To Keep or To Change First Past The Post?

May 2008; p ublished online September 2008 .

Chapter. Subjects: Comparative Politics. 7903 words.

There are two interpretations of electoral system change in New Zealand; one, that it was a result of social and political changes generating a ‘systemic failure’ of the former...

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Europe’s Great Depression: coordination failure after the First World War

Nikolaus Wolf.

in Oxford Review of Economic Policy

January 2010; p ublished online January 2010 .

Journal Article. Subjects: Economic Development and Growth; Public Economics; Political Economy; Public Policy. 17064 words.

In this paper I survey and reinterpret the extensive literature on Europe’s Great Depression. I argue that Europe could not exploit its vast economic potential after 1918, because the war...

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Europe’s Great Depression: Coordination Failure after the First World War

Nikolaus Wolf.

in The Great Depression of the 1930s

February 2013; p ublished online May 2013 .

Chapter. Subjects: Economic History. 18242 words.

This chapter is a survey and a reinterpretation of the extensive literature on Europe’s Great Depression. The chapter argues that Europe could not exploit its vast economic potential after...

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Addressing Government Failure Through International Financial Law

Steve Charnovitz.

in Journal of International Economic Law

September 2010; p ublished online December 2010 .

Journal Article. Subjects: Financial Law; Public International Law; Economics. 8073 words.

This study examines the causes of the financial crisis and proposes better policies at the international level. Based on a framework that sees government failure as a significant source of...

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Economic Stability and Economic Governance in the Euro Area: What the European Crisis can Teach on the Limits of Economic Integration

Federico Lupo Pasini.

in Journal of International Economic Law

March 2013; p ublished online February 2013 .

Journal Article. Subjects: Financial Law; Public International Law; Economics. 22408 words.

The recent European economic crisis has dramatically exposed the failures of the various institutional mechanisms in place to maintain economic stability in Europe, and has unveiled the...

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Economic Development as Coordination Problems

Kiminori Matsuyama.

in The Role of Government in East Asian Economic Development

August 1998; p ublished online January 2007 .

Chapter. Subjects: Business and Management. 12044 words.

This chapter discusses the fundamental difficulty of coordination problems in the context of economic development. It argues that coordination failure arises because no one can know the...

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The Premises, Assumptions, and Implications of Van Gend en Loos: Viewed from the Perspectives of Democracy and Legitimacy of International Institutions

Eyal Benvenisti and George W. Downs.

in European Journal of International Law

February 2014; p ublished online April 2014 .

Journal Article. Subjects: Public International Law. 9266 words.

In its Van Gend en Loos judgment, the ECJ assigned citizens directly enforceable rights vis-à-vis their respective state executives, and authorized national courts to protect those rights....

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ataxia

Michael Kent.

in The Oxford Dictionary of Sports Science & Medicine

January 2006; p ublished online January 2007 .

Reference Entry. Subjects: Sports and Exercise Medicine. 28 words.

The shaky movements and unsteady gait of a person lacking muscle coordination. Ataxia may be due to a failure of the cerebellum to regulate posture and movements....

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Reforming the Governance of International Financial Law in the Era of Post-Globalization

Carlo de Stefano.

in Journal of International Economic Law

September 2017; p ublished online October 2017 .

Journal Article. Subjects: Financial Law; Public International Law; International Economic Law; Economics. 13417 words.

Abstract

International financial law (IFL) is evolving from a situation of acquiesced anarchy (characterized by coordination dilemmas, compliance gaps, and...

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dysmetria n.

Edited by Elizabeth Martin.

in Concise Medical Dictionary

January 2015; p ublished online September 2015 .

Reference Entry. Subjects: Medicine and Health. 39 words.

impaired coordination due to disorders of the cerebellum or its connections within the brainstem. In the *finger–nose test, the patient’s finger over- or undershoots or passes the target...

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