Coordination, Communication and Common Knowledge: A Retrospective on the Electronic Mail Game
23 Pages Posted: 26 Feb 2003
Date Written: February 2003
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.
Keywords: Common Knowledge, Coordination, Communication
JEL Classification: C72, D8
Suggested Citation: Suggested Citation