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.
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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.
|Item Type:||MPRA Paper|
|Original Title:||Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: a two-sided model|
|Keywords:||Open access, academic journals, two-sided market, ambiguous welfare effects of removal of copyright|
|Subjects:||L - Industrial Organization > L8 - Industry Studies: Services > L82 - Entertainment; Media
L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L11 - Production, Pricing, and Market Structure; Size Distribution of Firms
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O34 - Intellectual Property Rights
|Depositing User:||Frank Müller-Langer|
|Date Deposited:||20. Jul 2012 18:20|
|Last Modified:||16. Feb 2013 00:38|
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