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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 outline both the analytical issues raised, and the potential applicability of such ideas to game theory, computer science and the philosophy of language.
Keywords Common knowledge  common belief  coordination  game theory  protocols  language
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DOI 10.1023/A:1008270519000
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References found in this work BETA

Knowledge and Belief.Jaakko Hintikka - 1962 - Ithaca: Cornell University Press.
Convention: A Philosophical Study.David K. Lewis - 1971 - Philosophy and Rhetoric 4 (2):137-138.
A Completeness Theorem in Modal Logic.Saul A. Kripke - 1959 - Journal of Symbolic Logic 24 (1):1-14.
The Common Prior Assumption in Economic Theory.Stephen Morris - 1995 - Economics and Philosophy 11 (2):227.

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Citations of this work BETA

Common Knowledge and Argumentation Schemes .Fabrizio Macagno & Douglas Walton - 2005 - Studies in Communication Sciences 5 (2):1-22.
Common Knowledge Revisited.Ronald Fagin, Joseph Y. Halpern, Yoram Moses & Moshe Y. Vardi - 1999 - Annals of Pure and Applied Logic 96 (1-3):89-105.

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Common Knowledge and Games with Perfect Information.Philip J. Reny - 1988 - PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1988:363 - 369.

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