Communication Protocols with Belief Messages

Ryuichiro Ishikawa

Theory and Decision, 2006, vol. 61, issue 1, 63-74

Abstract: This paper presents a communication protocol to reach consensus. In our setting, every player has asymmetric information and evaluates a fixed event on his information. According to the protocol, the sender sends non-partitional messages that he believes the event with a probability of at least his evaluation. We show that the posteriors for the event must be equal among the players after the communication. Journal of Economic Literature Classification: C62, C78. Copyright Springer 2006

Keywords: communication; protocol; p-belief; consensus; agreeing to disagree (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1007/s11238-005-6013-7

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