Communication Can Destroy Common Learning

Jakub Steiner () and Colin Stewart ()

Working Papers from University of Toronto, Department of Economics

Abstract: We show by example that communication can generate a failure of common knowledge acquisition. In the absence of communication, agents acquire approximate common knowledge of some parameter, but with communication they do not.

Keywords: Common knowledge; communication (search for similar items in EconPapers)
JEL-codes: D80 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe and nep-knm
Date: 2008-08-27
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Working Paper: Communication Can Destroy Common Learning (2008)
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