Information, trade and common knowledge
نویسندگان
چکیده
منابع مشابه
Information Independence and Common Knowledge
Conditions of information independence are important in information economics and game theory. We present notions of partial independence in Bayesian environments, and study their relationships to notions of common knowledge.
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Conditions of information independence are important in information economics and game theory. We present notions of partial independence in Bayesian environments, and study their relationships to notions of common knowledge.
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This paper addresses the question whether interactive knowledge and common knowledge of information partitions are additional assumptions in the state-space model of knowledge. Robert Aumann and others have already discussed this issue, but in a way that appears unsatisfactory. This paper provides a thorough answer to the question in four steps. First, it makes clear the methodological nature o...
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The language of extensive games is complex and rich. It allows one to express such notions as the order of moves, the information a player has when it is her turn to move, etc. It is not, however, a sufficiently rich language in the sense that there are meaningful and natural statements that one can make (about a given extensive game) whose truth cannot be decided without making the language ri...
متن کاملInformation-Dependent Games: Can Common Sense Be Common Knowledge?
This paper attempts to study the consistency of several basic gametheoretic axioms. We focus on two of these: _q_qmmon_.knowledge (CK) and common sense (CS). Common knowledge assumes that the game itself and all other game-theoretic axioms imposed on the model are common knowledge~ Common sense assumes that when a player has a strictly dominant strategy, he/she will play it. We use the followin...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 1982
ISSN: 0022-0531
DOI: 10.1016/0022-0531(82)90046-1