Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189438 
Year of Publication: 
1995
Series/Report no.: 
Working Paper No. 95-8
Publisher: 
University of California, Department of Economics, Davis, CA
Abstract: 
We characterize the class of n-person belief systems for which common belief has the properties of the strongest logic of belief, KD45. The characterizing condition states that individuals are not too mistaken in their beliefs about common beliefs. It is shown to be considerably weaker than the consistency condition on interpersonal beliefs implied by the common knowledge assumption: it allows individuals to ""agree to disagree"" and to be quite incorrect about others7 beliefs.
Document Type: 
Working Paper

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