Abstract
This paper presents a communication protocol to reach consensus. In our setting, every player has asymmetric information and evaluates a fixed event on his information. According to the protocol, the sender sends non-partitional messages that he believes the event with a probability of at least his evaluation. We show that the posteriors for the event must be equal among the players after the communication. Journal of Economic Literature Classification: C62, C78.
Original language | English |
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Pages (from-to) | 63-74 |
Number of pages | 12 |
Journal | Theory and Decision |
Volume | 61 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2006 Aug |
Externally published | Yes |
Keywords
- Agreeing to disagree
- Communication
- Consensus
- P-belief
- Protocol
ASJC Scopus subject areas
- Decision Sciences(all)
- Developmental and Educational Psychology
- Arts and Humanities (miscellaneous)
- Applied Psychology
- Social Sciences(all)
- Economics, Econometrics and Finance(all)
- Computer Science Applications