Economics Dictionary of ArgumentsHome
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| Coordination - Economics Dictionary of Arguments | |||
| Coordination: Coordination generally refers to the process of organizing people or groups so that they work together effectively and efficiently to achieve a common goal or task. Coordination in economics refers to the organization of different elements of a production system or market to achieve efficient outcomes. It involves aligning the actions of consumers, businesses, and governments, to ensure optimal use of resources and meet collective goals, often facilitated by price signals, contracts, and other market mechanisms._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Austrian School | Coordination | Austrian School | |
| Carbonara, Emanuela | Coordination | Carbonara, Emanuela | |
| Hayek, Friedrich A. von | Coordination | Hayek, Friedrich A. von | |
| Rizzo, Mario J. | Coordination | Rizzo, Mario J. | |
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Ed. Martin Schulz, access date 2025-01-24 | |||
