EconPapers    
Economics at your fingertips  
 

The Pricing of Academic Journals: A Two-Sided Market Perspective

Doh-Shin Jeon and Jean Rochet ()

American Economic Journal: Microeconomics, 2010, vol. 2, issue 2, 222-55

Abstract: More and more academic journals are adopting an open access policy by which articles are accessible free of charge, while publication costs are recovered through author fees. We study the consequences of this open access policy on the quality standard of an electronic academic journal. If the journal's objective were to maximize social welfare, open access would be optimal. However, we show that if the journal has a different objective (such as maximizing readers' utility, the impact of the journal, or its profit), open access tends to induce it to choose a quality standard below the socially efficient level. (JEL L11, L82)

JEL-codes: L11 L82 (search for similar items in EconPapers)
Date: 2010
Note: DOI: 10.1257/mic.2.2.222
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (27) Track citations by RSS feed

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/mic.2.2.222 (application/pdf)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: The Pricing of Academic Journals: A Two-Sided Market Perspective (2009) Downloads
Working Paper: The Pricing of Academic Journals: A Two-Sided Market Perspective (2009) Downloads
Working Paper: The pricing of academic journals: A two-sided market perspective (2009) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aejmic:v:2:y:2010:i:2:p:222-55

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Journal: Microeconomics is currently edited by Johannes Hörner

More articles in American Economic Journal: Microeconomics from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().

 
Page updated 2018-09-05
Handle: RePEc:aea:aejmic:v:2:y:2010:i:2:p:222-55