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How do consultants price expertise? This paper studies a problem of selling information products (expertise) to a buyer (client) who faces decision-making problem under uncertainty.
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Callander, S. (2008), ‘A theory of policy expertise’, Quarterly Journal of Political Science
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Babaioff, M., Kleinberg, R. & Paes Leme, R. (2012), Optimal mechanisms for selling information, in
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Carbajal, J. C. & Ely, J. C. (2013), ‘Mechanism design without revenue equivalence’, Journal of Economic Theory
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Bergemann, D., Bonatti, A. & Smolin, A. (2018), ‘The design and price of information’, American economic review
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Eső, P. & Szentes, B. (2007 a
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Eső, P. & Szentes, B. (2007 b
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Stole, L. A. (2007), ‘Price discrimination and competition’, Handbook of industrial organization
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2019
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Liu, S., Shen, W. & Xu, H. (2021), ‘Optimal pricing of information’, arXiv preprint arXiv:2102.13289
2021
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Sinander, L. (2022), ‘The converse envelope theorem’, Econometrica
2022
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Rodríguez Olivera, R. (2023), ‘Strategic incentives and the optimal sale of information’, American Economic Journal: Microeconomics
2023
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