Bundling electronic journals and competition among publishers

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Journal of the European Economic Association, vol.4 (5), 1038-83, September 2006
To cite or link this document: http://hdl.handle.net/10230/600
dc.contributor.author Jeon, Doh-Shin
dc.contributor.author Menicucci, Domenico
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.issued 2003-04-01
dc.identifier.citation Journal of the European Economic Association, vol.4 (5), 1038-83, September 2006
dc.identifier.uri http://hdl.handle.net/10230/600
dc.description.abstract Site licensing of e-journals has been revolutionizing the way academic information is distributed. However, many librarians are concerned about the possibility that publishers might abuse site licensing by practicing bundling. In this paper, we analyze the private and social incentives for the publishers to use bundling in the context of STM electronic journal market. In the short run in which the number of journals is exogenously given, we find a strong conflict between the two incentives: each publisher finds bundling optimal and bundling increases the industry profit but reduces social welfare. However, in the long run we find that publishers might have higher incentives to introduce new journals under bundling than without bundling and, in this case, bundling can reduce the industry profit while increasing social welfare. Finally, we examine publishers? incentive to provide links to the websites of the rival publishers under bundling and show that even asymmetric publishers have incentive to interconnect.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 678
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Bundling electronic journals and competition among publishers
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2016-06-04T02:50:41Z
dc.subject.keyword Microeconomics
dc.subject.keyword bundling
dc.subject.keyword site licensing
dc.subject.keyword interconnection
dc.subject.keyword merger
dc.rights.accessRights info:eu-repo/semantics/openAccess

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