Communication Can Destroy Common Learning

We show by example that communication can generate a failure of common knowledge acquisition. In the absence of communication, agents acquire approximate common knowledge of some parameter, but with communication they do not.

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Year of publication:	2008-08-27
Authors:	Steiner, Jakub ; Stewart, Colin
Institutions:	University of Toronto, Department of Economics
Subject:	Common knowledge \| communication

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	11 pages
Classification:	D80 - Information and Uncertainty. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005827227