Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: a two-sided model
Frank Mueller-Langer () and
Richard Watt ()
MPRA Paper from University Library of Munich, Germany
We analyse optimal pricing and quality of a monopolistic journal and the optimality of open access in a two-sided model. The predominant aspect of the model that determines the quality levels at which open access is optimal is the nature of the relationship between readers and authors in a journal. In contrast to previous literature, we firstly show that there exist scenarios in which open access is a feature of high-quality journals. Second, we find that removal of copyright (and thus forced open access) decreases journal profits but has ambiguous social welfare effects.
Keywords: Open access; academic journals; two-sided market; ambiguous welfare effects of removal of copyright (search for similar items in EconPapers)
JEL-codes: L82 L11 O34 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-ipr, nep-pr~, nep-net and nep-sog
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Working Paper: Optimal Pricing and Quality of Academic Journals and the Ambiguous Welfare Effects of Forced Open Access: A Two-sided Model (2013)
Working Paper: Optimal Pricing and Quality of Academic Journals and the Ambiguous Welfare Effects of Forced Open Access: A Two-Sided Model (2013)
Working Paper: Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: A two-sided model (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:40191
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