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Coordination, Communication and Common Knowledge: A Retrospective on Electronic Mail Game

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Abstract

Common knowledge plays an important role in coordination problems and coordination problems are central to many areas of economic policy. In this paper, I review some common knowledge puzzles culminating in the electronic mail game. These puzzles may seem distant from practical concerns. However, I then argue why insights derived from this literature are useful in interpreting empirical evidence of how people coordinate under uncertainty and in understanding the role of communication in coordinating behaviour.

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File URL: http://cowles.econ.yale.edu/P/cd/d14a/d1401.pdf
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Bibliographic Info

Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 1401.

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Length: 23 pages
Date of creation: Feb 2003
Date of revision:
Publication status: Published in Oxford Review of Economic Policy, 18(4), 2002
Handle: RePEc:cwl:cwldpp:1401

Note: CFP 1060.
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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Keywords: Common knowledge; Coordination; Communication;

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