Ambiguous language and common priors

B-Tier
Journal: Games and Economic Behavior
Year: 2015
Volume: 90
Issue: C
Pages: 171-180

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Standard economic models cannot capture the fact that information is often ambiguous, and is interpreted in multiple ways. Using a framework that distinguishes between the language in which statements are made and the interpretation of statements, we demonstrate that, unlike in the case where there is no ambiguity, players may come to have different beliefs starting from a common prior, even if they have received exactly the same information, unless the information is common knowledge.

Technical Details

RePEc Handle
repec:eee:gamebe:v:90:y:2015:i:c:p:171-180
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25