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Interconnection among academic journal websites: multilateral versus bilateral interconnection

Author

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  • Doh‐Shin Jeon
  • Domenico Menicucci

Abstract

Electronic academic journal websites provide new services of text and/or data mining and linking, indispensable for efficient allocation of attention among abundant sources of scientific information. Fully realizing the benefit of these services requires interconnection among websites. Motivated by CrossRef, a multilateral citation linking backbone, this paper performs a comparison between multilateral interconnection through an open platform and bilateral interconnection, and finds that publishers are fully interconnected in the former regime while they can be partially interconnected in the latter regime for exclusion or differentiation motives. Surprisingly, if partial interconnection arises for differentiation motive, exclusion of small publisher(s) occurs more often under multilateral interconnection. We also find that in the case of multilateral interconnection, a for-profit platform induces less exclusion than an open platform. Various other extensions are analyzed.
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Suggested Citation

  • Doh‐Shin Jeon & Domenico Menicucci, 2011. "Interconnection among academic journal websites: multilateral versus bilateral interconnection," RAND Journal of Economics, RAND Corporation, vol. 42(2), pages 363-386, June.
  • Handle: RePEc:bla:randje:v:42:y:2011:i:2:p:363-386
    DOI: j.1756-2171.2011.00137.x
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    File URL: http://hdl.handle.net/10.1111/j.1756-2171.2011.00137.x
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    1. Doh‐Shin Jeon & Domenico Menicucci, 2011. "Interconnection among academic journal websites: multilateral versus bilateral interconnection," RAND Journal of Economics, RAND Corporation, vol. 42(2), pages 363-386, June.
    2. Mark J. McCabe & Christopher M. Snyder, 2018. "Open Access as a Crude Solution to a Hold‐Up Problem in the Two‐Sided Market for Academic Journals," Journal of Industrial Economics, Wiley Blackwell, vol. 66(2), pages 301-349, June.
    3. Doh-Shin Jeon & Domenico Menicucci, 2017. "The Benefits of Diverse Preferences in Library Consortia," Journal of Industrial Economics, Wiley Blackwell, vol. 65(1), pages 105-135, March.
    4. Doh-Shin Jeon & Nikrooz Nasr, 2016. "News Aggregators and Competition among Newspapers on the Internet," American Economic Journal: Microeconomics, American Economic Association, vol. 8(4), pages 91-114, November.
    5. Andrea Mantovani & Francisco Ruiz-Aliseda, 2016. "Equilibrium Innovation Ecosystems: The Dark Side of Collaborating with Complementors," Management Science, INFORMS, vol. 62(2), pages 534-549, February.
    6. Jeon, Doh-Shin & Menicucci, Domenico, 2013. "When Is Building a Library Consortium Beneficial?," IDEI Working Papers 791, Institut d'Économie Industrielle (IDEI), Toulouse, revised 07 Apr 2014.
    7. Doh-Shin Jeon & Yassine Lefouili, 2014. "Patent Licensing Networks," Working Papers 14-16, NET Institute.

    More about this item

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media

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