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Limit-agreeing to disagree

Bach, C. W. and Cabessa, J. (2017) Limit-agreeing to disagree. Journal of Logic and Computation, 27 (4). pp. 1169-1187. ISSN 1465-363X

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To link to this item DOI: 10.1093/logcom/exv082

Abstract/Summary

We reconsider Aumann' s seminal impossibility theorem that agents cannot agree to disagree in a topologically extended epistemic model. In such a framework, a possibility result on agreeing to disagree actually ensues. More precisely, agents with a common prior belief satisfying limit knowledge instead of common knowledge of their posterior beliefs may have distinct posterior beliefs. Since limit knowledge is defined as the limit of iterated mutual knowledge, agents can thus be said to limit-agree to disagree. Besides, an example is provided in which limit knowledge coincides with Rubinstein's (1989) notion of almost common knowledge, and the agents have almost common knowledge of posteriors yet distinct posterior beliefs. More generally, an epistemic-topological foundation for almost common knowledge is thus provided.

Item Type:Article
Refereed:Yes
Divisions:No Reading authors. Back catalogue items
Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:118751
Publisher:Oxford University Press

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