Academic copyright in the publishing game: a contest perspective
Eberhard Feess () and
Marc Scheufen ()
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Marc Scheufen: Ruhr University of Bochum (RUB)
European Journal of Law and Economics, 2016, vol. 42, issue 2, No 4, 263-294
Abstract:
Abstract As scientists are motivated by readership rather than by royalties, one might doubt that academic copyright is required for stimulating research. Consequently, establishing an open access regime is currently intensively being discussed. We contribute to the literature by using a contest-model in which differently talented researchers compete for limited journals space. The contest perspective adds a rent-seeking motive into the publishing game which questions that private incentives for research are always too low due to the positive externalities of scientific progress. In our model, open access always leads to higher social welfare when incentives are too high. When incentives are too low, then open access is only superior if the benefits from larger readership is sufficiently high.
Keywords: Open access; Copyright; Cultural economics; Economics of science; Publishing game; Tullock contest (search for similar items in EconPapers)
JEL-codes: D72 K11 K29 L17 O34 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:ejlwec:v:42:y:2016:i:2:d:10.1007_s10657-016-9528-1
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DOI: 10.1007/s10657-016-9528-1
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