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An Auction Market for Journal Articles


Jens Prufer


Tilburg University - CentER; Tilburg University - Law and Economics Center (TILEC); Tilburg University - Department of Organization & Strategy

David Zetland


Wageningen UR - Environmental Economics and Natural Resources Group; PERC - Property and Environment Research Center

May 22, 2009

CentER Discussion Paper No. 2007-79
TILEC Discussion Paper No. 2007-027

Abstract:     
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 increases the average quality of articles and journals and rewards editors and referees for their effort. The "academic dollar" proceeds from papers sold at auction go to authors, editors and referees of cited articles. This nonpecuniary income indicates the academic impact of an article - facilitating decisions on tenure and promotion. This auction market does not require more work of editors.

Number of Pages in PDF File: 25

Keywords: Academic Journals, Academic Productivity, Market Design

JEL Classification: A11, D02, D44

working papers series


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Date posted: February 18, 2005 ; Last revised: November 1, 2010

Suggested Citation

Prufer, Jens and Zetland, David, An Auction Market for Journal Articles (May 22, 2009). CentER Discussion Paper No. 2007-79; TILEC Discussion Paper No. 2007-027. Available at SSRN: http://ssrn.com/abstract=1005304 or http://dx.doi.org/10.2139/ssrn.1005304

Contact Information

Jens Prufer
Tilburg University - CentER ( email )
P.O. Box 90153
Tilburg, DC 5000 LE
Netherlands
Tilburg University - Law and Economics Center (TILEC) ( email )
Warandelaan 2
Tilburg, 5000 LE
Netherlands
Tilburg University - Department of Organization & Strategy ( email )
Netherlands
David Zetland (Contact Author)
Wageningen University and Research Center (WUR) - Environmental Economics and Natural Resources Group ( email )
P.O. Box 8130
Wageningen, 6700 EW
Netherlands
PERC - Property and Environment Research Center
2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

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