Abstract

http://ssrn.com/abstract=914525
 
 

References (53)



 
 

Citations (12)



 


 



The Economics of Open-Access Journals


Mark J. McCabe


University of Michigan - School of Information; University of Goettingen - Faculty of Economics and Business Administration; SKEMA Business School Sophia Antipolis Nice

Christopher M. Snyder


Dartmouth College - Department of Economics

July 9, 2010


Abstract:     
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 to cover publication costs comes from authors' fees. In this paper, we present a model of the journals market. Drawing upon the emerging literature on two-sided markets, we highlight the features distinguishing journals from examples economists have previously studied (telephony, credit cards, etc.). We analyze the efficiency of equilibrium author and reader fee schedules for various industry structures and for various assumptions about journals' objective functions. We ask whether open-access journals are viable in these various economic environments.

Number of Pages in PDF File: 42

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: January 27, 2011

Suggested Citation

McCabe, Mark J. and Snyder, Christopher M., The Economics of Open-Access Journals (July 9, 2010). Available at SSRN: http://ssrn.com/abstract=914525 or http://dx.doi.org/10.2139/ssrn.914525

Contact Information

Mark J. McCabe
University of Michigan - School of Information ( email )
University of Goettingen - Faculty of Economics and Business Administration ( email )
Platz der Goettinger Sieben 3
Goettingen, 37073
Germany
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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