Optimal Communication
探讨向群体进行最优沟通时，信息精确度与群体内共同理解之间的权衡，并指出这一权衡对中央银行沟通、会计准则设计乃至语言设计等领域的核心作用。
Optimal communication to a group often entails a trade-off between precision of information conveyed and common understanding (or approximate common knowledge) of the information within the group. We argue that an understanding of this trade-off is central in many contexts, including central bank communication and the design of accounting standards, as well as understanding the design of language itself.