In a binary two-player game where the informed seller competes with a privately informed buyer, the profit-maximizing menu sells full information or none, and above a competition threshold the seller optimally sells no information.
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Selling Information in Games with Externalities
In a binary two-player game where the informed seller competes with a privately informed buyer, the profit-maximizing menu sells full information or none, and above a competition threshold the seller optimally sells no information.