Approximate common knowledge revisited

Abstract

Suppose we replace ``knowledge'' by ``belief with probability p'' in standard de®nitions of common knowledge. Very di ̈erent notions arise depending on the exact de®nition of common knowledge used in the substitution. This paper demonstrates those di ̈erences and identi®es which notion is relevant in each of three contexts: equilibrium analysis in… (More)
DOI: 10.1007/s001820050116

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