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Common Knowledge

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  • John Geanakoplos

Abstract

This paper surveys the implications of ``common knowledge'' in interactive epistemology and game theory, with special emphasis on speculation, betting, agreeing to disagree, and coordination. The implications of approximate common knowledge are also analyzed. Approximate common knowledge is defined three ways: as knowledge; and as weak {\it p}-common knowledge. Finally the implications of common knowleged are examined when agents are boundedly rational.

Suggested Citation

  • John Geanakoplos, 1993. "Common Knowledge," Working Papers 93-09-059, Santa Fe Institute.
    • Handle: RePEc:wop:safiwp:93-09-059
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    Cited by:

    1. Felipe Zurita, 2004. "Essays on Speculation," Levine's Working Paper Archive 618897000000000849, David K. Levine.

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