Free Labor for Costly Journals

  title={Free Labor for Costly Journals},
  author={Theodore C. Bergstrom},
Commercial publishers charge libraries about 6 times as much per page and 16 times as much per citation as nonprofit journals. The paper presents evidence that successful for profit journals are priced at several times average cost. They are able to earn monopoly profits despite free entry into the industry because journal reputation is the result of a kind of coordination game. The paper advocates withholding free referee services from overpriced journals. 

An auction market for journal articles

We recommend that an auction market replace the current system for submitting academic papers and show a strict Pareto-improvement in equilibrium. Besides the benefit of speed, this mechanism

Information goods and endogenous pricing strategies: the case of academic journals

I model journal pricing behavior in a portfolio demand environment and consider how the ongoing transition from print to digital distribution has lead to endogenous changes in pricing behavior.

The Pricing of Academic Journals: A Two-Sided Market Perspective

More and more academic journals adopt an open-access policy, by which articles are accessible free of charge, while publication costs are recovered through author fees. We study the consequences of

Exclusion or Efficient Pricing - The Big Deal Bundling of Academic Journals

Prices of academic journals have climbed enormously in the past two decades. This article explains the substantial barriers to entry that established journals enjoy. It points out that the Big Deal

A Welfare Analysis of the Academic Journal Market

This paper empirically studies the behavior of university library and journal publishers in the academic journal market. Library demand for academic journals is estimated. Also this paper studies how

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

The production economics of economics production

The arrival of the internet age forces academic journals to adjust their output margins: journal length, article length, and number of published articles. Using data from 41 major economics journals

The Pricing of Academic Journals

In this paper we investigate the claim that academic journals are too expensive. We estimate library demand for academic journals and ask if short run profit maximization by publishers can explain

The Economics of Open-Access Journals

A new business model for scholarly journals, open access, has gained wide attention recently. An open-access journal’s articles are available over the Internet free of charge to all readers; revenue



Journal Pricing and Mergers: A Portfolio Approach

Despite their influence on the careers of economists, the production and pricing of scholarly journals have received scant attention from the profession. By contrast, the issue of journal quality and

The Slowdown in First-Response Times of Economics Journals: Can it Be Beneficial?

The first response time (henceforth FRT) of economics journals has increased over the last four decades from 1-2 months to 3-6 months, which has increased because of the availability of research on the Internet prior to publication and because the costs of refereeing a paper have increased.

The economics of publishing and the publishing of economics

The paper explores the relationship between economics and scientific journal publishing in a number of areas by: establishing the fact, neglected by some librarians, that the “serials crisis” is not

To Buy or Not to Buy? An Experimental Study of Consumer Boycotts in Retail Markets

We investigate experimentally how firms and consumers react to a sudden cost increase in a competitive retail market. We compare two conditions that exclusively differ with respect to how difficult

Towards Electronic Journals

  • Towards Electronic Journals
  • 2000

One More Revolution to Make: Free Scientific Publishing

D eclining costs of access to information have been a crucial factor in the progress of humanity. Thanks to the Internet it is now feasible to provide and properly organize a freely available

The emperor's new clothes.

  • W. F. Cunningham
  • Medicine
    Journal of the Royal College of Physicians of London
  • 2000

Viewpoint: One more revolution to make: free scientific publishing

  • K. Apt
  • Materials Science
  • 2001
Computer scientists are in the position to create new, free high-quality journals. So what would it take?

Comparing Value and Estimated Revenue of SciTech Journals

  • ARL Report

Measuring Cost Effectiveness of Journals: The Wisconsin Experience

  • ARL Newsletter
  • 1999