I demonstrate the implications in a stylized contracting experiment

Pairs with shared context (prior talk about similar items) were better at understanding…

And more likely to play honestly!

In the paper, I formally show how shared context helps people efficiently coordinate on meaning

Common knowledge (in the sense of Aumann) bounds efficiency

Hey #EconSky! I’m a postdoc in psychology and economic theory @ Harvard

My #EconJMP studies how shared context supports efficient communication and cooperation

🧵⬇️

In the paper, I formally prove that the more relevant context a group shares, the easier it is for them to communicate new information

Common knowledge (in the sense of Aumann) places a lower bound on communication costs

In fact, the more relevant context a group shares, the easier it is for them to communicate new information

Common knowledge (in the sense of Aumann) places a lower bound on communication costs