Q235. Schelling’s piece, “Micromotives, Macrobehaviors,” is included because it demonstrates some specific conditions under which market interactions may lead to coordination but not cooperation. What are his two examples and what are the conditions that can affect whether market interactions lead to cooperation? Explain the role they play, perhaps using our class chairs and offices simulation as a point of reference, in limiting the optimism of Smith and Hayek for markets as a source of social order.
0235 Schelling "Micromotives, Macrobehaviors"