Opening Access to Research

Mark Armstrong

No 707, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: Traditionally, the scholarly journal market operates so that research institutions are charged high prices and the wider public is often excluded altogether, while authors can usually publish for free and commercial publishers enjoy high profits. Two forms of open access regulation can mitigate these problems: (i) direct price regulation of the form whereby a journal must charge a price of zero to all readers, or (ii) mandating authors or publishers to make freely available an inferior substitute to the publishing paper. The former policy is likely to result in authors paying to publish, which may lead to a reduction in the quantity of published papers and may make authors less willing to publish in selective journals. Recent UK policy towards open access is discussed.

Keywords: publishing; journals; open access; two-sided markets; regulation (search for similar items in EconPapers)
JEL-codes: D83 I23 L17 L51 L86 (search for similar items in EconPapers)
Date: 2014-05-20
New Economics Papers: this item is included in nep-com, nep-reg and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Opening Access to Research (2014)
Working Paper: Opening Access to Research (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:707

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