Abstract

http://ssrn.com/abstract=914525
 
 

References (53)



 
 

Citations (12)



 


 



The Economics of Open-Access Journals


Mark J. McCabe


Boston University - School of Management; University of Michigan - School of Information; SKEMA Business School Sophia Antipolis Nice

Christopher M. Snyder


Dartmouth College - Department of Economics

October 2014


Abstract:     
The move from traditional to open-access journals - which charge no reader fees, only author fees - is gaining support in academia. We analyze a two-sided-market model in which journals cannot commit to subscription fees when authors (who prefer low subscription fees because this boosts readership) make submission decisions. This leads to a hold-up problem, manifested as excessive subscription fees. Open access is a crude attempt to avoid hold up by eliminating subscription fees. We compare the efficiency and profitability of traditional versus open access under various market structures (monopoly, Bertrand competition) and extensions (non-profit journals, bundling, hybrid pricing).

Number of Pages in PDF File: 49

Keywords: open access, scholarly journal, two-sided market, competition

JEL Classification: L14, L82, D40, L31

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Date posted: July 14, 2006 ; Last revised: October 24, 2014

Suggested Citation

McCabe, Mark J. and Snyder, Christopher M., The Economics of Open-Access Journals (October 2014). Available at SSRN: http://ssrn.com/abstract=914525 or http://dx.doi.org/10.2139/ssrn.914525

Contact Information

Mark J. McCabe
Boston University - School of Management ( email )
595 Commonwealth Avenue
Boston, MA MA 02215
United States
University of Michigan - School of Information ( email )
500 S. State Street
SKEMA Business School Sophia Antipolis Nice ( email )
60 rue Dostoïevski
Sophia Antipolis, 06902
France
Christopher M. Snyder (Contact Author)
Dartmouth College - Department of Economics ( email )
301 Rockefeller Hall
Hanover, NH 03755
United States
(603) 646-0642 (Phone)
(603) 646-2122 (Fax)
HOME PAGE: http://www.dartmouth.edu/~csnyder/
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