The Economics of Professional Journal Pricing.
TLDR
In this paper, the authors review and evaluate previous contributions to the literature on journal pricing with particular emphasis on the three types of price discrimination practiced by journal publishers, and suggest solutions that involve providing appropriate incentives to journal users, adoption of more equitable pricing systems, and employing the potential monopoly purchasing power of library associations to lower prices.Abstract:
The problems of excessive inflation and price discrimination in journal pricing continue to plague libraries. In analyzing the causes of the current crisis, the authors review and evaluate previous contributions to the literature on journal pricing with particular emphasis on the three types of price discrimination practiced by journal publishers. The authors suggest that the monopoly power of commercial publishers, combined with a third-party payment system, are at the heart of the problem. They suggest solutions that involve providing appropriate incentives to journal users, adoption of more equitable pricing systems, and employing the potential monopoly purchasing power of library associations to lower prices.read more
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Scholarly electronic publishing bibliography
TL;DR: This bibliography presents selected articles, books, electronic documents, and other sources that are useful in understanding scholarly electronic publishing efforts on the Internet and other networks.
Journal ArticleDOI
Choosing Our Futures
TL;DR: Nearly all academic librarians agree that academic libraries have to change in order to respond successfully to the new realities of the higher education environment, rapidly developing information and telecommunications technologies, and the crisis in scholarly communications.
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Optimal bundling strategy for digital information goods: network delivery of articles and subscriptions
John Chuang,Marvin A. Sirbu +1 more
TL;DR: In this paper, an N-good bundling model with multi-dimensional consumer preferences is developed to study the key factors that determine the optimal bundling strategy. And the authors provide strong incentives for academic journal publishers to engage in mixed bundling, i.e., offer both individual articles and journal subscriptions when selling and delivering over the Internet.
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Pricing and other means of charging for scholarly journals: a literature review and commentary
TL;DR: Pricing and charging policies and trends are analyzed, illustrating how these are affected by the complexities of the evolving journal system.
References
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Journal ArticleDOI
Copying and Indirect Appropriability: Photocopying of Journals
TL;DR: It is shown that the unauthorized copying of intellectual properties need not be harmful and actually may be beneficial and that photocopying has not harmed journal publishers.
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The Economics of Economics Journals: A Statistical Analysis of Pricing Practices by Publishers
TL;DR: The authors used multiple regression analysis to investigate price determinants of the top-ranked economics journals and found that the prices charges to libraries in the United States are significantly higher for journals from for-profit publishers and for those originating in Europe.
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Price Discrimination in Academic Journals.
Patrick Joyce,Thomas E. Merz +1 more
TL;DR: In this article, price discrimination, the practice of charging different prices to different customers for the same product, is analyzed for 89 of the best academic journals in the disciplines of chemistry, physics, psychology, economics, sociology, and business.
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Publishing Scholarly Books and Journals: Is It Economically Viable?
TL;DR: In economics, an activity is considered to be economically viable if its product is bought in the market with funds out of private pockets at prices that cover its cost as mentioned in this paper, and if its sales opportunities at cost-covering prices prove inadequate.