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Communication, consensus and order. Who wants to speak first?

Author

Listed:
  • Nicolas Houy

    (THEMA - Théorie économique, modélisation et applications - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique)

  • Lucie Ménager

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Parikh and Krasucki [R. Parikh, P. Krasucki, Communication, consensus and knowledge, J. Econ. Theory 52 (1990) 178-189] show that, in a group of rational agents, communication of the value of a function f leads to a consensus on the value of f, provided some conditions on the communication protocol and the function f hold. In this article, we address the issue of the influence of the protocol on the outcome of the communication process, when agents value information positively. We show that, if it is common knowledge in a group of agents that some of them disagree on two protocols, then the consensus value of f must be the same for both protocols.

Suggested Citation

  • Nicolas Houy & Lucie Ménager, 2008. "Communication, consensus and order. Who wants to speak first?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00650870, HAL.
    • Handle: RePEc:hal:cesptp:hal-00650870
    DOI: 10.1016/j.jet.2007.09.013
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    References listed on IDEAS

    as
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    2. Tsakas, Elias & Voorneveld, Mark, 2011. "On consensus through communication without a commonly known protocol," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 733-739.

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    More about this item

    Keywords

    Common knowledge; Consensus; Communication protocol;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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