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

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  • James V. Koch
  • Richard J. Cebula

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.
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Suggested Citation

  • James V. Koch & Richard J. Cebula, 1982. "The Curious Case of the Journal Manuscript Market: Ethics versus Efficiency in Academe," The American Economist, Sage Publications, vol. 26(1), pages 30-34, March.
    • Handle: RePEc:sae:amerec:v:26:y:1982:i:1:p:30-34
    DOI: 10.1177/056943458202600105
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    References listed on IDEAS

    as
    1. Katz, David A, 1973. "Faculty Salaries, Promotion, and Productivity at a Large University," American Economic Review, American Economic Association, vol. 63(3), pages 469-477, June.
    2. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    3. McDonough, Carol C, 1978. "A Simultaneous Equation Model of the Demand for Manuscript Review," The Review of Economics and Statistics, MIT Press, vol. 60(1), pages 153-158, February.
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    Cited by:

    1. Cebula, Richard & Koch, James, 1994. "Disseminating Scholarly Output: A Comment," MPRA Paper 53571, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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