A bargaining model characterizes outcomes for information goods with externalities, suggesting cooperative strategies.
Ａn information good has the property that it is replicable without costs, and it often involves an external diseconomy as it diffuses. Under the assumption of free resales of the information, we consider its trade by a bargaining model based on the argument of the bargaining set m in cooperative game theory，and completely characterize the stable outcome of the bargaining．
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Nakayama et al. (1991) studied this question.
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