Why do Internet, financial service, and beer commercials dominate Super Bowl advertising? How do political ceremonies establish authority? Why does repetition characterize anthems and ritual speech? Why were circular forms favored for public festivals during the French Revolution? This book answers these questions using a single concept: common knowledge. Game theory shows that in order to coordinate its actions, a group of people must form "common knowledge." Each person wants to participate only if others also participate. Members must have knowledge of each other, knowledge of that knowledge, knowledge of the knowledge of that knowledge, and so on. Michael Chwe applies this insight, with striking erudition, to analyze a range of rituals across history and cultures. He shows that public ceremonies are powerful not simply because they transmit meaning from a central source to each audience member but because they let audience members know what other members know. For instance, people watching the Super Bowl know that many others are seeing precisely what they see and that those people know in turn that many others are also watching. This creates common knowledge, and advertisers selling products that depend on consensus are willing to pay large sums to gain access to it. Remarkably, a great variety of rituals and ceremonies, such as formal inaugurations, work in much the same way. By using a rational-choice argument to explain diverse cultural practices, Chwe argues for a close reciprocal relationship between the perspectives of rationality and culture. He illustrates how game theory can be applied to an unexpectedly broad spectrum of problems, while showing in an admirably clear way what game theory might hold for scholars in the social sciences and humanities who are not yet acquainted with it. In a new afterword, Chwe delves into new applications of common knowledge, both in the real world and in experiments, and considers how generating common knowledge has become easier in the digital age.
yu zhanwang [The Past and Prospect of Modern Confucianism] (Beijing: Sanlian shudian, 2004), 177–83. 41. ... Confucian Tradition and Global Education (Hong Kong: The Chinese University of Hong Kong, 2007), 61. 47.
MANSFIELD PARK In Mansfield Park, Fanny Price's strategic development is distilled into just two crucial decisions. The first is whether to join her cousins and their friends in acting in a play at their home, despite her belief that ...
About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work.
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This groundbreaking book launches a passionate crusade for ‘rational marketing’ – based on facts and data, rather than guesswork, traditions and raindancing.
This scarce antiquarian book is a facsimile reprint of the original.
The perspectives in this book are as significant and original as they were when it was written.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
In Rational Ritual: Culture, Coordination, and Common Knowledge (Chwe 2001), Michael Chwe analyzes a range of collective behavior in various cultures, showing that what might appear to be “irrational” rituals are in fact explicable in ...