Coordination, Communication, and Common Knowledge: A Retrospective on the Electronic-mail Game

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Coordination, Communication, and Common Knowledge: a Retrospective on the Electronic-mail Game

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 evidenc...

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ژورنال

عنوان ژورنال: Oxford Review of Economic Policy

سال: 2002

ISSN: 1460-2121

DOI: 10.1093/oxrep/18.4.433