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Econometrica Vol. 58 No. 5 1990

Common Knowledge of an Aggregate of Expectations

Lars Tyge Nielsen; Adam Brandenburger; John Geanakoplos; Richard McKelvey; Talbot Page

Abstract

We provide a theorem giving a set of conditions under which public observation of an aggregate of individual expectations leads to consensus. The key concept unkerlying the result is that of common knowledge, as formalized by Aumann (1976)

DOI
10.2307/2938308
Volume
58
Issue
5
Pages
1235
Sources
bibtex:phds-export.bib openalex crossref

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