The Social Economy of Coworking Spaces: A Focal Point Model of Coordination 
<http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2770874> suggest that 
coworking facilities provide "a focal (Schelling) point for finding people, 
ideas and other resources when you lack the information necessary for 
coordination."


While an academic paper, it's mostly pretty easy to read and follow. It 
does a nice job of providing a solid set of theories on the value of 
coworking as "micro social economies". 

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