Communication, timing, and common learning

A-Tier
Journal: Journal of Economic Theory
Year: 2011
Volume: 146
Issue: 1
Pages: 230-247

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the effect of stochastically delayed communication on common knowledge acquisition (common learning). If messages do not report dispatch times, communication prevents common learning under general conditions even if common knowledge is acquired without communication. If messages report dispatch times, communication can destroy common learning under more restrictive conditions. The failure of common learning in the two cases is based on different infection arguments. Communication can destroy common learning even if it ends in finite time, or if agents communicate all of their information. We also identify conditions under which common learning is preserved in the presence of communication.

Technical Details

RePEc Handle
repec:eee:jetheo:v:146:y:2011:i:1:p:230-247
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29