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There is tight link between coordination and common knowledge. The role of higher order beliefs in static incomplete … in economics examines dynamic coordination problems when there are timing frictions, in the sense that players do not all … move at once. Timing frictions in dynamic coordination games play a role that is closely analogous to information frictions …
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Common knowledge plays an important role in coordination problems and coordination problems are central to many areas …
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robust to incomplete information (in the sense of Kajii and Morris [1995]) in many player binary action co-ordination games …
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setting where agents take actions appropriate to the underlying fundamentals, but they also have a coordination motive arising …
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