Published online by Cambridge University Press: 01 January 2022
How do rational agents coordinate in a single-stage, noncooperative game? Common knowledge of the payoff matrix and of each player's utility maximization among his strategies does not suffice. This paper argues that utility maximization among intentions and then acts generates coordination yielding a payoff-dominant Nash equilibrium.
I thank the audience at my paper's presentation at the 2006 PSA meeting for many insightful points.