Authors

Stephen Morris

Document Type

Discussion Paper

Publication Date

2-1-2003

CFDP Number

1401

CFDP Pages

23

Abstract

Common knowledge plays an important role in coordination problems and coordination problems are central to many areas of economic policy. In this paper, I review some common knowledge puzzles culminating in the electronic mail game. These puzzles may seem distant from practical concerns. However, I then argue why insights derived from this literature are useful in interpreting empirical evidence of how people coordinate under uncertainty and in understanding the role of communication in coordinating behaviour.

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Economics Commons

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