Approximate common knowledge and co-ordination: Recent lessons from game theory

Stephen E. Morris, Hyun Song Shin

Research output: Contribution to journalArticle

36 Scopus citations

Abstract

The importance of the notion of common knowledge in sustaining cooperative outcomes in strategic situations is well appreciated. However, the systematic analysis of the extent to which small departures from common knowledge affect equilibrium in games has only recently been attempted. We review the main themes in this literature, in particular, the notion of common p-belief. We utline both the analytical issues raised, and the potential applicability of such ideas to game theory, computer science and the philosophy of language.

Original languageEnglish (US)
Pages (from-to)171-190
Number of pages20
JournalJournal of Logic, Language and Information
Volume6
Issue number2
DOIs
StatePublished - Jan 1 1997

All Science Journal Classification (ASJC) codes

  • Computer Science (miscellaneous)
  • Philosophy
  • Linguistics and Language

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