Number of the records: 1  

Communication, timing, and common learning

    1.
    SYSNO ASEP0358763
    Document TypeJ - Journal Article
    R&D Document TypeJournal Article
    Subsidiary JČlánek ve WOS
    TitleCommunication, timing, and common learning
    Author(s) Steiner, Jakub (NHU-N) RID
    Stewart, C. (CA)
    Source TitleJournal of Economic Theory. - : Elsevier - ISSN 0022-0531
    Roč. 146, č. 1 (2011), s. 230-247
    Number of pages18 s.
    Languageeng - English
    CountryUS - United States
    Keywordscommon knowledge ; learning ; communication
    Subject RIVAH - Economics
    CEZAV0Z70850503 - NHU-N (2005-2011)
    UT WOS000287571200008
    EID SCOPUS78751567942
    DOI10.1016/j.jet.2010.08.009
    AnnotationWe 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.
    WorkplaceEconomics Institute
    ContactTomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
    Year of Publishing2012
Number of the records: 1  

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