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- W2036589038 abstract "This paper consider what payoff allocations can be outcomes of resales-proof trades of information with a monopolistic seller. The concept of resale-proofness has been introduced by M. Nakayama, L. Quintas, and S. Muto (1988, “Resale-Proof Trades of Information,” Discussin Paper 776, Northwestern University) in formulating a trade such that no agent has an incentive to resell when the resale is freely allowed. With appropriate modifications, we consider the core of such a trade, and derive a necessary and sufficient condition for the trade to have a single outcome: the monopolistic imputation. It is also shown that generally the sole seller cannot enjoy the monopolistic position in a resale-proof trade." @default.
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- W2036589038 date "1991-08-01" @default.
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- W2036589038 title "Stable payoffs in resale-proof trades of information" @default.
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- W2036589038 doi "https://doi.org/10.1016/0899-8256(91)90032-a" @default.
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