Communication, consensus and order. Who wants to speak first ?
AbstractParikh and Krasucki  showed that if rational agents communicate the value of a function f according to a protocol upon which they have agreed beforehand, they will eventually reach a consensus about the value of f, provided a fairness condition on the protocol and a convexity condition on the function f. In this article, we address the issue of how agents agree on a communication protocol in the case where they communicate in order to learn information. We show that if it is common knowledge among a group of agents that some of them disagree about two protocols, then the consensus value of f must be the same according to the two protocols.
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Bibliographic InfoPaper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number v05030.
Length: 13 pages
Date of creation: Feb 2005
Date of revision: Jan 2006
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Common knowledge; consensus; communication protocol.;
Other versions of this item:
- Houy, Nicolas & Ménager, Lucie, 2008. "Communication, consensus and order. Who wants to speak first?," Journal of Economic Theory, Elsevier, vol. 143(1), pages 140-152, November.
- Nicolas Houy & Lucie Ménager, 2005. "Communication, consensus and order. Who wants to speak first ?," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) halshs-00194365, HAL.
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-14 (All new papers)
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