Coordination and Learning with a Partial Language
This paper explores how efficiency promotes the use of structure in language. It starts from the premise that one of language's central characteristics is to provide a means for saying noval things about novel circumstances, its creativity. It is reasonable to expect that in a rich and changing environment, language will be incomplete. This encourages reliance on structure. It is shown how creative language use emerges form common knowledge structures, even if those structures are consistent with an a priori absence of a common language.
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|Date of creation:||Sep 1998|
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- Wernerfelt, Birger, 2003.
4278-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Rubinstein, Ariel, 1996. "Why Are Certain Properties of Binary Relations Relatively More Common in Natural Language?," Econometrica, Econometric Society, vol. 64(2), pages 343-55, March.
- Maskin, Eric & Tirole, Jean, 1999. "Unforeseen Contingencies and Incomplete Contracts," Review of Economic Studies, Wiley Blackwell, vol. 66(1), pages 83-114, January.
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