On the topic of coordination, readers may want to check the concept of Shapley value. It is an extension of counterfactual value, and is uniquely determined by the following properties:
Property 1: Sum of the values adds up to the total value (Efficiency)
Property 2: Equal agents have equal value (Symmetry)
Property 3: Order indifference: it doesn’t matter which order you go in (Linearity). Or, in other words, if there are two steps, Value(Step1 + Step2) = Value(Step1) + Value(Step2).
Nice point, Linch!
On the topic of coordination, readers may want to check the concept of Shapley value. It is an extension of counterfactual value, and is uniquely determined by the following properties: