When being together is a choice
Two people agree to meet, but each has their own things to do. One hesitates: what if the other doesn't come? And decides not to go. The other thinks the same. The meeting doesn't happen. That's the simple mechanism the authors dissect: a joint endeavor requires everyone to invest time, but the payoff depends on whether the partner participates.
In the model, each person keeps a to-do list ordered by importance.