Perspectives of Innovations, Economics and Business

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Volume 6
Issue 3
Online publication date 2010-10-07
Title Application of common knowledge and belief operators in case of disruptive technologies
Author Aurimas Gircys
Abstract 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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Keywords Disruptive thinking, disruptive technology, innovations, belief, belief operator, common knowledge, common knowledge operator, consoles, Nintendo, distributed environment.
Pages 61-63
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