A Matching Model of the Academic Publication Market
This paper provides a dynamic analysis of the market for academic publications. Given imperfect information about journals' editorial line, authors can sometimes target a wrong journal; in turn, the editor will desk-reject their paper. An equilibrium is defined as a situation where both editors and authors implement their optimal publication strategies, given the matching technology and the prevailing surplus-sharing rule. The model can be solved for the equilibrium submission fee, desk-rejection rate, and ratio between the number of editors and the number of authors.
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Volume (Year): 167 (2011)
Issue (Month): 4 (December)
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