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Plan S: An Economist's Perspective

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  • Armstrong, Mark

Abstract

Many scholarly journals charge high prices to research libraries and generate high profits. Open access regulation, in its various forms, can mitigate this problem. This essay examines a particular policy, "Plan S", which aims broadly to require regulated authors to publish their research in open access journals, which among other drawbacks of the policy greatly limits their publishing options.

Suggested Citation

  • Armstrong, Mark, 2021. "Plan S: An Economist's Perspective," MPRA Paper 107974, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:107974
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    References listed on IDEAS

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    1. Theodore C. Bergstrom, 2001. "Free Labour for Costly Journals?," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 183-198, Fall.
    2. James J. Heckman & Sidharth Moktan, 2020. "Publishing and promotion in economics - The tyranny of the Top Five," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 23-32, Centre for Economic Policy Research.
    3. Bagues, Manuel & Sylos-Labini, Mauro & Zinovyeva, Natalia, 2019. "A walk on the wild side: ‘Predatory’ journals and information asymmetries in scientific evaluations," Research Policy, Elsevier, vol. 48(2), pages 462-477.
    4. Caillaud, Bernard & Jullien, Bruno, 2003. "Chicken & Egg: Competition among Intermediation Service Providers," RAND Journal of Economics, The RAND Corporation, vol. 34(2), pages 309-328, Summer.
    5. Marc Rysman, 2009. "The Economics of Two-Sided Markets," Journal of Economic Perspectives, American Economic Association, vol. 23(3), pages 125-143, Summer.
    6. Vincent Larivière & Stefanie Haustein & Philippe Mongeon, 2015. "The Oligopoly of Academic Publishers in the Digital Era," PLOS ONE, Public Library of Science, vol. 10(6), pages 1-15, June.
    7. Jean-Charles Rochet & Jean Tirole, 2003. "Platform Competition in Two-Sided Markets," Journal of the European Economic Association, MIT Press, vol. 1(4), pages 990-1029, June.
    8. Doh-Shin Jeon & Jean-Charles Rochet, 2010. "The Pricing of Academic Journals: A Two-Sided Market Perspective," American Economic Journal: Microeconomics, American Economic Association, vol. 2(2), pages 222-255, May.
    9. Mark Armstrong, 2015. "Opening Access to Research," Economic Journal, Royal Economic Society, vol. 125(586), pages 1-30, August.
    10. Arthur E. Attema & Werner B.F. Brouwer & Job Van Exel, 2014. "Your Right Arm For A Publication In Aer?," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 495-502, January.
    11. Glenn Ellison, 2011. "Is Peer Review In Decline?," Economic Inquiry, Western Economic Association International, vol. 49(3), pages 635-657, July.
    12. Patrick O Brown & Michael B Eisen & Harold E Varmus, 2003. "Why PLoS Became a Publisher," PLOS Biology, Public Library of Science, vol. 1(1), pages 1-1, October.
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    Cited by:

    1. Schmal, W. Benedikt & Haucap, Justus & Knoke, Leon, 2023. "The role of gender and coauthors in academic publication behavior," Research Policy, Elsevier, vol. 52(10).

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    More about this item

    Keywords

    Scholarly journals; open access; two-sided markets; regulation; Plan S;
    All these keywords.

    JEL classification:

    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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