Academic Libraries and the Economics of Scholarly Publishing in the Twenty-First Century: Portfolio Theory, Product Differentiation, Economic Rent, Perfect Price Discrimination, and the Cost of Prestige

@article{Greco2015AcademicLA,
  title={Academic Libraries and the Economics of Scholarly Publishing in the Twenty-First Century: Portfolio Theory, Product Differentiation, Economic Rent, Perfect Price Discrimination, and the Cost of Prestige},
  author={Albert N. Greco},
  journal={Journal of Scholarly Publishing},
  year={2015},
  volume={47},
  pages={1 - 43}
}
  • Albert N. Greco
  • Published 14 September 2015
  • Economics
  • Journal of Scholarly Publishing
In the last five decades, a great deal has been written about the ‘serials crisis,’ library budget shortfalls, the growth of various commercial scholarly publishers, the response from various academic library associations to the serials crisis, and the emergence of open access publications. Yet very little has been written about the economics of scholarly publishing. In this article, the growth of universities and the academic community’s never-ending need for prestigious scholarly publications… 
Determinants of Library Subscription Prices of Economic Journals
Although an increase in the prices of academic journals across several decades has been a crucial issue for research institutions, few studies using individual journal prices have been carried out on
The Price and New Title Output of Scholarly Books: 2009–2016
The majority of scholars in the humanities and the social sciences, the scientific, technical, and medical, and the legal, tax, and regulatory fields are interested in the state of scholarly book
Determinants of Cost Related Factors Prices of Economic Journals
Although an increase in the prices of academic journals across several decades has been a crucial issue for research institutions, few studies using individual journal prices have been carried out on
Effect of serials crisis in Goa University library: An evaluation
Rapidly rising serial prices has affected many libraries all over the world. Libraries are unable to serve their readers with the required journals they need. One of the main causes of these problems
Mapping the Current Research Agenda on Scholarly Publishing: Scopus-Indexed Reviews
Nearly ten years ago, scholarly publishing came to the fore in research on scientific communication spurred by the evolving Open Science system, the reinvention of peer reviews, and new attitudes to
Negating the Gender Citation Advantage in Political Science
ABSTRACT Open-access (OA) advocates have long promoted OA as an egalitarian alternative to traditional subscription-based academic publishing. The argument is simple: OA gives everyone access to
Entrepreneurial Literary Theory: A Debate on Research and the Future of Academia
Across the world at present, researchers and teachers are being exhorted to become entrepreneurial. Universities are being restructured accordingly. The debate presented in this book considers what
Academics and the Field of Academic Publishing: Challenges and Approaches
The article aims to identify the academic publishing environment of academics by analysing the existing literature in the studies related to academic publishing. A socioeconomic and political
Can a Marketing Stragety Help End the ‘ Gender Gap ’ in English Language and Literature Scholarly Book Publishing ?
Marketing strategies have been utilized effectively in many industries, ranging from consumer package goods to cell phones. Most higher education institutions adopted marketing strategies to
Globalisation and its Impact on the Journal Collections of Research Libraries in Australia: A Health Library’s Perspective
Abstract Globalisation has a direct impact on the collection development budgets of Australian research libraries. Electronic journal subscriptions make up a significant proportion of these budgets
...
1
2
...

References

SHOWING 1-10 OF 116 REFERENCES
Scholarly publishing: the electronic frontier
Scholarly publishing is changing and the changes will have an impact on all members of the academic community and on how they will go about creating and maintaining scholarship."Scholarly Publishing:
The Economics of the Publishing and Information Industries: The Search for Yield in a Disintermediated World
Introduction Chapter 1: The Legal and Economic Foundation of Intellectual Property and Copyrights Chapter 2: Money Never Sleeps: The Search for Yield in a Disintermediated World Chapter 3: Major
Coping with Journal-Price Inflation: Leading Policy Proposals and the Quality-Spectrum
This paper presents a simple model in which research universities stock their libraries with academic journals by picking a threshold level of quality below which no subscriptions are ordered. This
The Price of University Press Books, 1989-2000
In this paper the authors analyze the decision-making process at university presses for determining suggested retail prices of books and evaluate the effects of pricing strategies on the financial
The State of Scholarly Journal Publishing: 1981-2000
Scholarly journals play a substantive role in the dissemination of knowledge among academics, and university presses have been exceptionally active as journal publishers. But since 1981 a series of
The Bundling of Academic Journals
Academic journal publishing has evolved rapidly in the past two decades. Prices, ownership concentration, the number of journals, and the means of distribution have all changed dramatically.
Price Discrimination in the Subscription Market for Economics Journals
We examine what factors affect the degree of price discrimination for an academic journal by analyzing data on 190 of the 208 economics journals indexed in the 2008 edition of Journal Citation
Evaluating big deal journal bundles
TLDR
The results of this investigation compare the bundled subscription prices charged by for-profit and nonprofit publishers with those of nonprofit societies and examine the types of price discrimination practiced by commercial and nonprofit journal publishers.
The Pricing of Economics Books
Abstract Using data as reported in the JEL in 2000 and 1985, the authors examine the pricing and other characteristics of books. There has been a substantial rise in book prices, even in real terms,
The Faustian grip of academic publishing
  • R. Parks
  • Political Science, Economics
  • 2002
The journal acquisition budget of libraries is not increasing at the same rate as subscription rates, creating the serials crisis. Many solutions have been proposed including the freely available
...
1
2
3
4
5
...