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Communication, timing, and common learning
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SYSNO ASEP 0358763 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Communication, timing, and common learning Tvůrce(i) Steiner, Jakub (NHU-N) RID
Stewart, C. (CA)Zdroj.dok. Journal of Economic Theory. - : Elsevier - ISSN 0022-0531
Roč. 146, č. 1 (2011), s. 230-247Poč.str. 18 s. Jazyk dok. eng - angličtina Země vyd. US - Spojené státy americké Klíč. slova common knowledge ; learning ; communication Vědní obor RIV AH - Ekonomie CEZ AV0Z70850503 - NHU-N (2005-2011) UT WOS 000287571200008 EID SCOPUS 78751567942 DOI 10.1016/j.jet.2010.08.009 Anotace We study the effect of stochastically delayed communication on previous termcommonnext term knowledge acquisition (previous termcommon learning)next term. If messages do not report dispatch times, communication prevents previous termcommon learningnext term under general conditions even if previous termcommonnext term knowledge is acquired without communication. If messages report dispatch times, communication can destroy previous termcommon learningnext term under more restrictive conditions. The failure of previous termcommon learningnext term in the two cases is based on different infection arguments. Communication can destroy previous termcommon learningnext term even if it ends in finite time, or if agents communicate all of their information. We also identify conditions under which previous termcommon learningnext term is preserved in the presence of communication. Pracoviště Národohospodářský ústav Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2012
Počet záznamů: 1