The Curious Case of the Journal Manuscript Market: Ethics Versus Efficiency in Academe

Koch, James and Cebula, Richard (1981): The Curious Case of the Journal Manuscript Market: Ethics Versus Efficiency in Academe. Published in: The American Economist , Vol. 26, No. 1 (18 April 1982): pp. 30-34.

Abstract

This study argues that there is a formal market for journal manuscript articles. The traits of this market for nearly all disciplines, except law, are then described. We discuss how most disciplines permit a manuscript to be submitted to only one journal at a time, the role of submission fees in this market, and the costs and benefits of the current system. This system is then compared to a world in which manuscripts could be submitted simultaneously to multiple journals and the potential benefits and costs of such a system.

• Item Type: MPRA Paper
• Language: English
• Keywords: free markets; competition; efficiency; information costs
• Subjects: D - Microeconomics > D4 - Market Structure, Pricing, and Design > D40 - General; D - Microeconomics > D4 - Market Structure, Pricing, and Design > D42 - Monopoly; D - Microeconomics > D4 - Market Structure, Pricing, and Design > D47 - Market Design; D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior

References

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