Academic Journal Pricing and the Demand of Libraries

@article{Nevo2005AcademicJP,
  title={Academic Journal Pricing and the Demand of Libraries},
  author={Aviv Nevo and D. Rubinfeld and M. McCabe},
  journal={The American Economic Review},
  year={2005},
  volume={95},
  pages={447-452}
}
The prices of for-profit academic journals have increased rapidly over the past decade (Barbara Albee and Brenda Dingley, 2001). There remains substantial debate as to the explanation for these increases. Among those put forward are the increased concentration of the journal industry (see e.g., McCabe, 2002) and the relatively recent effort by major publishers to bundle print and electronic journals (Aaron S. Edlin and Rubinfeld, 2004). While both explanations are undoubtedly important, what is… Expand
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