As I sat waiting for my friends in a Guildford pub, I recalled many a similar experience of my youth. For years we played football every Saturday afternoon, but we had a serious problem with punctuality.
Every week we would agree to meet at 2pm on the park, but every week people would turn up slightly later than the week before. With hindsight I can see that this was a classic case of coordination failure, with a hint of the free-rider problem. Let me explain...
Us in our heyday |
There was no intrinsic problem with 2pm (it wasn't as if it was too early for us to get up). The problem was that there was a disincentive to being the first one to arrive. Waiting on your own for everyone else to turn up is not especially fun. There was an incentive to turn up just after everyone else. Turning up at the same time would have been fine, but you'd have to wait for them to put their boots on (but you didn't want to come too late or you'd miss valuable footy time).
Thus if you suspected other people would show up at 2:00pm, your optimal strategy would be to turn up at 2:01pm. Because you turned up at 2:01pm this week, the others might arrive at 2:02pm next week. Thus you can see how things quickly got out of hand. Compounding this was the teenage tendency to be late anyway, and every time you were accidentally late you would give an incentive for your mates to be later the following Saturday.
Even though it was explicitly stated each week that we would start at 2pm, by the time we were in 6th Form kick-off was usually 2:45pm or later. Occasionally there would be a punctuality push and it would be announced that we'd all turn up and start at exactly 2pm - but this only brought things back to about 2:15pm!
Stoke Park (empty) |
Economists call this coordination failure. The optimal solution for society would have been all of us turning up at 2:00pm, but individual incentives meant that we failed to coordinate effectively. The only way to mitigate this would have been to create a disincentive to turning up late, but creating and implementing this would have been hard given we were just a group of football-loving mates. The free-riding was insurmountable. Coordination failure is one reason why economists sometimes advocate government intervention - if there had been a higher power somehow encouraging us to turn up on time then we could have solved the problem.
Recommended listening:
Three Lions '98 by Baddiel, Skinner, Lightning Seeds
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