scholarly journals Total Public Announcements

Author(s):  
David Steiner ◽  
Thomas Studer
Keyword(s):  
2020 ◽  
Vol 23 (3) ◽  
pp. 873-894
Author(s):  
Markus Kinateder ◽  
Hubert János Kiss ◽  
Ágnes Pintér

Abstract In a Diamond–Dybvig type model of financial intermediation, we allow depositors to announce at a positive cost to subsequent depositors that they keep their funds deposited in the bank. Theoretically, the mere availability of public announcements (and not its use) ensures that no bank run is the unique equilibrium outcome. Multiple equilibria—including bank run—exist without such public announcements. We test the theoretical results in the lab and find a widespread use of announcements, which we interpret as an attempt to coordinate on the no bank run outcome. Withdrawal rates in general are lower in information sets that contain announcements.


2005 ◽  
Vol 3 ◽  
Author(s):  
H. P. Ditmarsch ◽  
W. Van Der Hoek ◽  
B. P. Kooi

This contribution is a gentle introduction to so-called dynamic epistemic logics, that can describe how agents change their knowledge and beliefs. We start with a concise introduction to epistemic logic, through the example of one, two and finally three players holding cards; and, mainly for the purpose of motivating the dynamics, we also very summarily introduce the concepts of general and common knowledge. We then pay ample attention to the logic of public announcements, wherein agents change their knowledge as the result of public announcements. One crucial topic in that setting is that of unsuccessful updates: formulas that become false when announced. The Moore-sentences that were already extensively discussed at the conception of epistemic logic in Hintikka’s ‘Knowledge and Belief ’ (1962) give rise to such unsuccessful updates. After that, we present a few examples of more complex epistemic updates.


2021 ◽  
Vol 6 (2) ◽  
Author(s):  
Denis Knoepfler

For over two centuries, archeologists searched for a lost sanctuary of Artemis, which ancient records described as a place for worship, public announcements, and the display of political edicts. Denis Knoepfler took part in this search for his entire career—his most romantic quest finally rewarded in 2017 when the site was positively identified.


Author(s):  
Hans van Ditmarsch ◽  
Andreas Herzig ◽  
Emiliano Lorini ◽  
François Schwarzentruber
Keyword(s):  

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