Interactive Knowledge with Unawareness
Jing Li ()
PIER Working Paper Archive from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
Abstract:
This paper extends Li (2008b) to the multi-agent environment, where players reason about each other’s awareness as well as knowledge, subject to their own awareness constraints. I characterize the interactive knowledge hierarchies under unawareness, which significantly differ from those in the standard information partition model by allowing for false interactive knowledge. Aumann’s classic characterization of common knowledge does not immediately apply in this environment, even if there is “common awareness†of the event involved. An alternative characterization of common knowledge is provided.
Keywords: unawareness; state space models; interactive knowledge; common knowledge (search for similar items in EconPapers)
JEL-codes: C70 C72 D80 D82 D83 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2008-06-01
New Economics Papers: this item is included in nep-gth and nep-knm
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
https://economics.sas.upenn.edu/sites/default/file ... ng-papers/08-023.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pen:papers:08-023
Access Statistics for this paper
More papers in PIER Working Paper Archive from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania 133 South 36th Street, Philadelphia, PA 19104. Contact information at EDIRC.
Bibliographic data for series maintained by Administrator ().