Munich Personal RePEc Archive

Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: a two-sided model

Mueller-Langer, Frank and Watt, Richard (2012): Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: a two-sided model.

[img]
Preview
PDF
MPRA_paper_40191.pdf

Download (516kB) | Preview

Abstract

We analyse optimal pricing and quality of a monopolistic journal and the optimality of open access in a two-sided model. The predominant aspect of the model that determines the quality levels at which open access is optimal is the nature of the relationship between readers and authors in a journal. In contrast to previous literature, we firstly show that there exist scenarios in which open access is a feature of high-quality journals. Second, we find that removal of copyright (and thus forced open access) decreases journal profits but has ambiguous social welfare effects.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.