Journal of Logic, Language and Information 12 (1):1-11 (2003)
Abstract |
The paper presents a variation of the EMAIL Game, originally proposed byRubinstein (American Economic Review, 1989), in which coordination ofthe more rewarding-risky joint course of actions is shown to obtain, evenwhen the relevant game is, at most, ``mutual knowledge.'' In the exampleproposed, a mediator is introduced in such a way that two individualsare symmetrically informed, rather than asymmetrically as in Rubinstein,about the game chosen by nature. As long as the message failure probabilityis sufficiently low, with the upper bound being a function of the gamepayoffs, conditional beliefs in the opponent's actions can allow playersto choose a more rewarding-risky action. The result suggests that, forefficient coordination to obtain, the length of interactive knowledge onthe game, possibly up to ``almost common knowledge,'' does not seem to bea major conceptual issue and that emphasis should be focused instead onthe communication protocol and an appropriate relationship between thereliability of communication channels and the payoffs at stake.
|
Keywords | choice communication coordination efficiency email games information knowledge mediation risk-dominance |
Categories | (categorize this paper) |
Reprint years | 2004 |
DOI | 10.1023/A:1021180407318 |
Options |
![]() ![]() ![]() ![]() |
Download options
References found in this work BETA
Reasoning About Knowledge: An Overview.Joseph Y. Halpern - 1988 - Journal of Symbolic Logic 53 (2):660-661.
Approximate Common Knowledge and Co-Ordination: Recent Lessons From Game Theory.Stephen Morris & Hyun Shin - 1997 - Journal of Logic, Language and Information 6 (2):171-190.
Citations of this work BETA
No citations found.
Similar books and articles
The Circumstances of Justice.Peter Vanderschraaf - 2006 - Politics, Philosophy and Economics 5 (3):321-351.
Backward Induction Without Common Knowledge.Cristina Bicchieri - 1988 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1988:329 - 343.
Consciousness, Agents and the Knowledge Game.Luciano Floridi - 2005 - Minds and Machines 15 (3):415-444.
Common Knowledge Logic and Game Logic.Mamoru Kaneko - 1999 - Journal of Symbolic Logic 64 (2):685-700.
Review of Cristina Bicchieri's Rationality and Coordination. [REVIEW]Giacomo Bonanno - 1995 - Economics and Philosophy 11 (2):359-366.
Approximate Common Knowledge and Co-Ordination: Recent Lessons From Game Theory. [REVIEW]Stephen Morris & Hyun Song Shin - 1997 - Journal of Logic, Language and Information 6 (2):171-90.
Analytics
Added to PP index
2009-01-28
Total views
37 ( #306,717 of 2,504,605 )
Recent downloads (6 months)
1 ( #416,529 of 2,504,605 )
2009-01-28
Total views
37 ( #306,717 of 2,504,605 )
Recent downloads (6 months)
1 ( #416,529 of 2,504,605 )
How can I increase my downloads?
Downloads