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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.

Suggested Citation

  • Stephen Morris, 2003. "Coordination, Communication and Common Knowledge: A Retrospective on Electronic Mail Game," Cowles Foundation Discussion Papers 1401, Cowles Foundation for Research in Economics, Yale University.
  • Handle: RePEc:cwl:cwldpp:1401
    Note: CFP 1060.
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    File URL: http://cowles.yale.edu/sites/default/files/files/pub/d14/d1401.pdf
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    Keywords

    Common knowledge; Coordination; Communication;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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