Abstract
The possibility for agents to agree to disagree is considered in an extended epistemic-topological framework. In such an enriched context, Aumann’s impossibility theorem is shown to no longer hold. More precisely, agents with a common prior belief satisfying limit knowledge instead of common knowledge of their posterior beliefs may actually entertain distinct posterior beliefs. Hence, agents can actually agree to disagree. In particular, agreeing to disagree with limit knowledge is illustrated within a representative epistemic-topological situation.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
References
Aumann, R.J.: Agreeing to disagree. Annals of Statistics 4(6), 1236–1239 (1976)
Aumann, R.J.: Correlated equilibrium as an expression of bayesian rationality. Econometrica 55(1), 1–18 (1987)
Aumann, R.J.: Backward induction and common knowledge of rationality. Games and Economic Behavior 8(1), 6–19 (1995)
Aumann, R.J.: Interactive epistemology i: Knowledge. International Journal of Game Theory 28(3), 263–300 (1999)
Aumann, R.J.: Interactive epistemology ii: Probability. International Journal of Game Theory 28(3), 301–314 (1999)
Aumann, R.J.: Musings on information and knowledge. Econ. Journal Watch 2(1), 88–96 (2005)
Bach, C.W., Cabessa, J.: Limit knowledge of rationality. In: Proceedings of the 12th Conference on Theoretical Aspects of Rationality and Knowledge, TARK 2009, pp. 34–40. ACM, New York (2009)
Bach, C.W., Cabessa, J.: Common knowledge and limit knowledge. Theory and Decision (to appear)
Bonanno, G., Nehring, K.: Agreeing to disagree: A survey. Working paper series no. 97-18, Department of Economics, University of California, Davis (1997)
Geanakoplos, J.D., Polemarchakis, H.M.: We can’t disagree forever. Journal of Economic Theory 28(1), 192–200 (1982)
Milgrom, P., Stokey, N.: Information, trade and common knowledge. Journal of Economic Theory 26(1), 17–27 (1982)
Monderer, D., Samet, D.: Approximating common knowledge with common beliefs. Games and Economic Behavior 1(2), 170–190 (1989)
Samet, D.: Ignoring ignorance and agreeing to disagree. Journal of Economic Theory 52(1), 190–207 (1990)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2011 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Bach, C.W., Cabessa, J. (2011). Agreeing to Disagree with Limit Knowledge. In: van Ditmarsch, H., Lang, J., Ju, S. (eds) Logic, Rationality, and Interaction. LORI 2011. Lecture Notes in Computer Science(), vol 6953. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24130-7_3
Download citation
DOI: https://doi.org/10.1007/978-3-642-24130-7_3
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-24129-1
Online ISBN: 978-3-642-24130-7
eBook Packages: Computer ScienceComputer Science (R0)