a corporate organization, where this issue arises between manager and employees. In this study, they discuss that a manager can prevent the coordination failure issue by either increasing financial incentives for his employees or communicating with the employees. They also find that the communication tool, especially clear and direct communication, is more effective than the incentive tool if the manager wants to overcome coordination failure and hence improve the employees’ performance. See also Diamond coconut model Coordination game Strategic complementarity Focal point (game theory) Notes References Cooper, Russel and Andrew John. "Coordinating Coordination Failures." in New Keynesian Economics. eds. Mankiw, N. Gregory and Romer, David. MIT Press. Cambridge, Massachusetts: 1991. Mankiw, N. Gregory and Romer, David eds. New Keynesian Economics. MIT Press. Cambridge, Massachusetts: 1991. New Keynesian economics Fiscal policy