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What is Common Knowledge

Chapter 6
Advanced Methodologies and Technologies in Business Operations and Management
An event E is common knowledge if E is known by each agent in a group, if each agent knows that E is known by each of them, if each agent knows that each agent knows that E is known by each of them, and so on.
Published in Chapter:
Noise Trader
Po-Keng Cheng (State University of New York, Stony Brook University, USA)
Copyright: © 2019 |Pages: 7
DOI: 10.4018/978-1-5225-7362-3.ch006
Abstract
This chapter briefly reviews the literature on the topics of noise traders in the financial market. The authors cover the no‐trade theorem under complete and competitive markets in the 1980s, the noise trader approach to finance in the 1990s, and recent studies from several approaches related to noise traders, such as heterogeneous agent models, investor sentiment, retail investors, experimental analysis, and extrapolation. Understanding and tackling the issues resulted from noise traders would be essential for us to realize how financial and economic markets work.
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Chapter 44
Plagiarism, Ghostwriting, Boilerplate, and Open Content
Cultural knowledge that a literate adult in society would be expected to know or knowledge within a specific discipline or field that most members in that field would be expected to know.
Published in Chapter: Plagiarism, Ghostwriting, Boilerplate, and Open Content; From: Handbook of Research on Virtual Workplaces and the New Nature of Business Practices
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Chapter 43
Education Can be Gained from Errors: Why Plagiarism Should Be Used as a Learning Opportunity for College Students
When students use information from sources in their papers, they are required to cite them, unless the information is considered to be common knowledge. Common knowledge is a set of facts that are assumed to be known by everyone. The issue is that everyone has a different background and a different amount of knowledge, so what a student considers to be common knowledge might be something that a professor does not, possibly causing an accusation of plagiarism to occur.
Published in Chapter: Education Can be Gained from Errors: Why Plagiarism Should Be Used as a Learning Opportunity for College Students; From: Handbook of Research on Teaching and Learning in K-20 Education
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Chapter 134
The Role of Information and Communication Technologies in Knowledge Management: A Classification of Knowledge Management Systems
Organization’s cumulative experiences in comprehending a category of knowledge and activities, and the organizing principles that support communication and coordination.
Published in Chapter: The Role of Information and Communication Technologies in Knowledge Management: A Classification of Knowledge Management Systems; From: Encyclopedia of Knowledge Management, Second Edition
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Chapter 46
Games of Strategy
A fact is common knowledge if all players know it and know that they all know it, and so on. The structure of the game is often assumed to be common knowledge among the players.
Published in Chapter: Games of Strategy; From: Encyclopedia of Decision Making and Decision Support Technologies
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Chapter 6
Noise Trader
An event E is common knowledge if E is known by each agent in a group, if each agent knows that E is known by each of them, if each agent knows that each agent knows that E is known by each of them, and so on.
Published in Chapter: Noise Trader; From: Encyclopedia of Information Science and Technology, Fourth Edition
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