IDEAS home Printed from https://ideas.repec.org/a/spr/scient/v114y2018i1d10.1007_s11192-017-2564-y.html
   My bibliography  Save this article

The market of academic attention

Author

Listed:
  • Matteo Migheli

    (Università degli Studi di Torino
    CeRP-Collegio Carlo Alberto)

  • Giovanni Battista Ramello

    (Dipartimento di Giurisprudenza, Scienze Politiche, Economiche e Sociali, Università del Piemonte Orientale
    BRICK-Collegio Carlo Alberto)

Abstract

This work broadens the perspective on academic attention, to tackle the key economic problem of how to allocate scarce attention, and what kinds of dynamics this situation can foster. Focusing on selected fields and using standard tools of industrial organization, we delineate the trends in the market for academic attention over 14 years, and attempt to provide an interpretation. We find a tendency toward progressive market concentration, and also that specific strategies adopted by players, aside from the usual benefits determined by price discrimination, can produce subsidies of attention from well-known journals to lesser-known journals belonging to the same bundle. This may influence readers’ and authors’ choices of how to direct their attention.

Suggested Citation

  • Matteo Migheli & Giovanni Battista Ramello, 2018. "The market of academic attention," Scientometrics, Springer;Akadémiai Kiadó, vol. 114(1), pages 113-133, January.
  • Handle: RePEc:spr:scient:v:114:y:2018:i:1:d:10.1007_s11192-017-2564-y
    DOI: 10.1007/s11192-017-2564-y
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11192-017-2564-y
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11192-017-2564-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Persson, Petra, 2018. "Attention manipulation and information overload," Behavioural Public Policy, Cambridge University Press, vol. 2(1), pages 78-106, May.
    2. Benno Torgler & Marco Piatti, 2011. "A Century of American Economic Review," Working Papers 2011.27, Fondazione Eni Enrico Mattei.
    3. Lanham, Richard A., 2006. "The Economics of Attention," University of Chicago Press Economics Books, University of Chicago Press, number 9780226468822, Febrero.
    4. Martin, Stephen, 1999. "Strategic and welfare implications of bundling," Economics Letters, Elsevier, vol. 62(3), pages 371-376, March.
    5. Donsimoni, Marie-Paule & Geroski, Paul & Jacquemin, Alexis, 1984. "Concentration Indices and Market Power: Two Views," Journal of Industrial Economics, Wiley Blackwell, vol. 32(4), pages 419-434, June.
    6. Thomas Eger & Marc Scheufen & Daniel Meierrieks, 2015. "The determinants of open access publishing: survey evidence from Germany," European Journal of Law and Economics, Springer, vol. 39(3), pages 475-503, June.
    7. Nicita Antonio & Ramello Giovanni B., 2007. "Property, Liability and Market Power: The Antitrust Side of Copyright," Review of Law & Economics, De Gruyter, vol. 3(3), pages 767-791, December.
    8. Giovanni B. Ramello & Francesco Silva, 2006. "Appropriating signs and meaning: the elusive economics of trademark," Industrial and Corporate Change, Oxford University Press, vol. 15(6), pages 937-963, December.
    9. Benjamin M. Althouse & Jevin D. West & Carl T. Bergstrom & Theodore Bergstrom, 2009. "Differences in impact factor across fields and over time," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 60(1), pages 27-34, January.
    10. Robert Parks, 2001. "The Faustian grip of academic publishing," Journal of Economic Methodology, Taylor & Francis Journals, vol. 9(3), pages 317-335.
    11. Matteo Migheli & Giovanni B. Ramello, 2014. "Open Access Journals And Academics' Behavior," Economic Inquiry, Western Economic Association International, vol. 52(4), pages 1250-1266, October.
    12. Matteo Migheli & Giovanni B. Ramello, 2013. "Open Access, Social Norms & Publication Choice," ICER Working Papers 03-2013, ICER - International Centre for Economic Research.
    13. Vincent Larivière & Yves Gingras, 2010. "The impact factor's Matthew Effect: A natural experiment in bibliometrics," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 61(2), pages 424-427, February.
    14. Curry, B & George, K D, 1983. "Industrial Concentration: A Survey," Journal of Industrial Economics, Wiley Blackwell, vol. 31(3), pages 203-255, March.
    15. Matteo Migheli & Giovanni Ramello, 2013. "Open access, social norms and publication choice," European Journal of Law and Economics, Springer, vol. 35(2), pages 149-167, April.
    16. Piero Cavaleri & Michael Keren & Giovanni B. Ramello & Vittorio Valli, 2009. "Publishing an E-Journal on a Shoe String: Is It a Sustainable Project?," Economic Analysis and Policy, Elsevier, vol. 39(1), pages 89-101, March.
    17. repec:icr:wpmath:06-2013 is not listed on IDEAS
    18. Mathias Dewatripont & Victor Ginsburgh & Patrick Legros & Alexis Walckiers & Jean-Pierre Devroey & Marianne Dujardin & Françoise Vandooren & Pierre Dubois & Jérôme Foncel & Marc Ivaldi & Marie-Dominiq, 2006. "Study on the economic and technical evolution of the scientific publication markets in Europe," ULB Institutional Repository 2013/9545, ULB -- Universite Libre de Bruxelles.
    19. Ramello, Giovanni B., 2010. "Copyright and endogenous market structure: a glimpse from the journal-publishing market," POLIS Working Papers 146, Institute of Public Policy and Public Choice - POLIS.
    20. David N. Laband, 2013. "On the Use and Abuse of Economics Journal Rankings," Economic Journal, Royal Economic Society, vol. 0, pages 223-254, August.
    21. Frank Havemann & Michael Heinz & Roland Wagner‐Döbler, 2005. "Firm‐like behavior of journals? Scaling properties of their output and impact growth dynamics," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 56(1), pages 3-12, January.
    22. W. Kip Viscusi & Joseph E. Harrington & John M. Vernon, 2005. "Economics of Regulation and Antitrust, 4th Edition," MIT Press Books, The MIT Press, edition 4, volume 1, number 026222075x.
    23. Eberhard Feess & Marc Scheufen, 2016. "Academic copyright in the publishing game: a contest perspective," European Journal of Law and Economics, Springer, vol. 42(2), pages 263-294, October.
    24. Oz Shy, 1996. "Industrial Organization: Theory and Applications," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262691795.
    25. MARK J. McCABE & CHRISTOPHER M. SNYDER, 2014. "Identifying The Effect Of Open Access On Citations Using A Panel Of Science Journals," Economic Inquiry, Western Economic Association International, vol. 52(4), pages 1284-1300, October.
    26. Edlin, Aaron S. & Rubinfeld, Daniel L., 2004. "Exclusion or Efficient Pricing? The "Big Deal" Bundling of Academic Journals," Berkeley Olin Program in Law & Economics, Working Paper Series qt9hc6n6ds, Berkeley Olin Program in Law & Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eberhard Feess & Marc Scheufen, 2016. "Academic copyright in the publishing game: a contest perspective," European Journal of Law and Economics, Springer, vol. 42(2), pages 263-294, October.
    2. Matteo Migheli & Giovanni Ramello, 2013. "Open access, social norms and publication choice," European Journal of Law and Economics, Springer, vol. 35(2), pages 149-167, April.
    3. Frank Mueller-Langer & Marc Scheufen, 2013. "Academic publishing and open access," Chapters, in: Ruth Towse & Christian Handke (ed.), Handbook on the Digital Creative Economy, chapter 32, pages 365-377, Edward Elgar Publishing.
    4. Thomas Eger & Marc Scheufen & Daniel Meierrieks, 2015. "The determinants of open access publishing: survey evidence from Germany," European Journal of Law and Economics, Springer, vol. 39(3), pages 475-503, June.
    5. Thomas Eger & Marc Scheufen & Daniel Meierrieks, 2016. "The determinants of open access publishing: survey evidence from countries in the Mediterranean Open Access Network (MedOANet)," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 463-489, December.
    6. Jacqmin, Julien, 2018. "Why are some online courses more open than others?," MPRA Paper 89929, University Library of Munich, Germany.
    7. Matthias Aistleitner & Jakob Kapeller & Stefan Steinerberger, 2018. "Citation Patterns in Economics and Beyond," Working Papers Series 85, Institute for New Economic Thinking.
    8. Mueller-Langer, Frank & Scheufen, Marc & Waelbroeck, Patrick, 2020. "Does online access promote research in developing countries? Empirical evidence from article-level data," Research Policy, Elsevier, vol. 49(2).
    9. Maja Jokić & Andrea Mervar & Stjepan Mateljan, 2018. "Scientific potential of European fully open access journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 114(3), pages 1373-1394, March.
    10. Mueller-Langer, Frank & Scheufen, Marc & Waelbroeck, Patrick, 2017. "Does Online Access Promote Research in Developing Countries?," Discussion Papers in Economics 31973, University of Munich, Department of Economics.
    11. Jakob Kapeller & Matthias Aistleitner & Stefan Steinerberger, 2017. "Citation Patterns in Economics and Beyond: Assessing the Peculiarities of Economics from Two Scientometric Perspectives," ICAE Working Papers 60, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    12. Matteo Migheli & Giovanni B. Ramello, 2013. "Open Access, Social Norms & Publication Choice," ICER Working Papers 03-2013, ICER - International Centre for Economic Research.
    13. Sébastien Galanti & Anne-Gaël Vaubourg, 2020. "Unbundling financial services: The case of brokerage and investment research," Economics Bulletin, AccessEcon, vol. 40(1), pages 473-484.
    14. Stefania Ottone, 2008. "Are people Samaritans or Avengers?," Economics Bulletin, AccessEcon, vol. 3(10), pages 1-3.
    15. Jeon, Doh-Shin & Menicucci, Domenico, 2008. "Money, fame and the allocation of talent: Brain drain and the institution of science," Journal of Economic Behavior & Organization, Elsevier, vol. 66(3-4), pages 558-581, June.
    16. Jerome K. Vanclay, 2012. "Impact factor: outdated artefact or stepping-stone to journal certification?," Scientometrics, Springer;Akadémiai Kiadó, vol. 92(2), pages 211-238, August.
    17. Hajar Sotudeh & Zahra Ghasempour & Maryam Yaghtin, 2015. "The citation advantage of author-pays model: the case of Springer and Elsevier OA journals," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(2), pages 581-608, August.
    18. Giovanni Ramello, 2011. "Property rights and externalities: the uneasy case of knowledge," European Journal of Law and Economics, Springer, vol. 31(1), pages 123-141, February.
    19. Stefania Ottone & Ferrucio Ponzano & Roberto Ricciuti, 2009. "Simulating Voting Rule Reforms for the Italian Parliament: An Economic Perspective," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 3(3), pages 292-304, October.
    20. Bia, Michela, 2007. "The Propensity Score method in public policy evaluation: a survey," POLIS Working Papers 79, Institute of Public Policy and Public Choice - POLIS.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:scient:v:114:y:2018:i:1:d:10.1007_s11192-017-2564-y. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.