Converting social conflict: Focal points and the evolution of cooperation

Converting social conflict: Focal points and the evolution of cooperation We examine the ability of focal points to transform situations of potential conflict into situations of cooperation. In performing this function, focal points convert “worst-case scenarios” into “better-case scenarios,” which are easier for political economic systems to handle. Focal points thus contribute to the ability of political economies to perform well in the face of less than ideal conditions, enhancing systemic robustness. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Converting social conflict: Focal points and the evolution of cooperation

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2006 by Springer Science + Business Media, Inc.
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-006-7345-4
Publisher site
See Article on Publisher Site

Abstract

We examine the ability of focal points to transform situations of potential conflict into situations of cooperation. In performing this function, focal points convert “worst-case scenarios” into “better-case scenarios,” which are easier for political economic systems to handle. Focal points thus contribute to the ability of political economies to perform well in the face of less than ideal conditions, enhancing systemic robustness.

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Jan 1, 2006

References

  • Trade without Law: Private-Order Institutions in Mexican California
    Clay, K.

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