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On consensus through communication without a commonly known protocol

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  • Tsakas, E.

    (Microeconomics & Public Economics)

  • voorneveld, M.

Abstract

The present paper extends the standard model of pairwise communication among Bayesian agents to cases where the structure of the communication protocol is not commonly known. We show that, even under standard strict conditions on the structure of the protocols and the nature of the transmitted signals, a consensus may never be reached if very little asymmetric information about the protocol is introduced.
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Suggested Citation

  • Tsakas, E. & voorneveld, M., 2010. "On consensus through communication without a commonly known protocol," Research Memorandum 016, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    • Handle: RePEc:unm:umamet:2010016
    DOI: 10.26481/umamet.2010016
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    References listed on IDEAS

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    1. Robert Aumann & Adam Brandenburger, 2014. "Epistemic Conditions for Nash Equilibrium," World Scientific Book Chapters, in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 5, pages 113-136, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Tsakas Elias, 2018. "Agreeing to Disagree with Conditional Probability Systems," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 18(2), pages 1-7, July.
    2. Crescenzi, Michele, 2022. "Learning to agree over large state spaces," Journal of Mathematical Economics, Elsevier, vol. 100(C).

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