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Application of common knowledge and belief operators in case of disruptive technologies

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Gircys A.
Perspectives of Innovations, Economics and Business
|
2010
|
vol. 6
|
issue 3
61-63
EN
Paper is a case study of console market, where the console makers are identified as group G which shares a distributed knowledge of current consumer expectations. According to the basic logic, it is reasonable to expect that if it is commonly known that a choice A is better than a choice B, any agent i will prefer the choice instead of the inferior one. In case some console makers chose a completely different outcome which is rather based on belief instead of common knowledge.
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