| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22220 |
| 来源ID | Working Paper 22220 |
| Open Access as a Crude Solution to a Hold-up Problem in the Two-Sided Market for Academic Journals | |
| Mark J. McCabe; Christopher M. Snyder | |
| 发表日期 | 2016-05-09 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | The move from traditional to open-access journals—which charge no subscription fees, only submission 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), using our theoretical findings to understand the evolution of the market for academic journals in the Internet age. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Industrial Organization ; Market Structure and Firm Performance ; Nonprofits ; Industry Studies |
| URL | https://www.nber.org/papers/w22220 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579894 |
| 推荐引用方式 GB/T 7714 | Mark J. McCabe,Christopher M. Snyder. Open Access as a Crude Solution to a Hold-up Problem in the Two-Sided Market for Academic Journals. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22220.pdf（298KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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