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Optimal Pricing and Quality of Academic Journals and the Ambiguous Welfare Effects of Forced Open Access: A Two-Sided Model
[working paper]
Corporate Editor
Rat für Sozial- und Wirtschaftsdaten (RatSWD)
Abstract
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 (non-linear) externalities between readers and authors ... view more
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 (non-linear) externalities between readers and authors in a journal. We show that there exist scenarios in which open access is a feature of highquality journals. Besides, we find that the removal of copyright (and thus forced open access) will likely increase both readership and authorship, will decrease journal profits, and may increase social welfare.... view less
Keywords
periodical; technical literature; quality; open access; copyright
Classification
Sociology of Science, Sociology of Technology, Research on Science and Technology
Free Keywords
academic journals; removal of copyright; two-sided markets; welfare effects
Document language
English
Publication Year
2013
City
Berlin
Page/Pages
26 p.
Series
RatSWD Working Paper Series, 223
Handle
https://hdl.handle.net/10419/83667
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications