Coordination, Communication and Common Knowledge: A Retrospective on the Electronic Mail Game
AbstractCommon 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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Bibliographic InfoPaper provided by Yale School of Management in its series Yale School of Management Working Papers with number ysm340.
Date of creation: 28 Jul 2004
Date of revision:
Common Knowledge; Coordination; Communication;
Other versions of this item:
- Stephen Morris, 2002. "Coordination, Communication, and Common Knowledge: A Retrospective on the Electronic-mail Game," Oxford Review of Economic Policy, Oxford University Press, vol. 18(4), pages 433-445.
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-07-18 (All new papers)
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- Jean-Pierre Allegret & Camille Cornand, 2005.
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