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Focal point (game theory)

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Focal point (game theory) - Wikipedia Jump to content From Wikipedia, the free encyclopedia Concept in game theory In game theory , a focal point (or Schelling point ) is a solution that people tend to choose by default in the absence of communication in order to avoid coordination failure . [ 1 ] The concept was introduced by the American economist Thomas Schelling in his book The Strategy of Conflict (1960). [ 2 ] Schelling states that "[p]eople can often concert their intentions or expectations with others if each knows that the other is trying to do the same" in a cooperati

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