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Price discrimination and economics journals

Author

Listed:
  • David Rosenbaum
  • Meng-Hua Ye

Abstract

An analysis of pricing by economics journal publishers shows that most publishers initially charge libraries and individual subscribers the same price. Over time, however, almost all eventually engage in price discrimination. The few publishers that never price-discriminate seem to be purchasing an explicit non-profit-maximizing pricing strategy. Once discrimination occurs, library prices rise faster than individual subscriber prices. These results are consistent with theoretical predictions.

Suggested Citation

  • David Rosenbaum & Meng-Hua Ye, 1997. "Price discrimination and economics journals," Applied Economics, Taylor & Francis Journals, vol. 29(12), pages 1611-1618.
    • Handle: RePEc:taf:applec:v:29:y:1997:i:12:p:1611-1618
    DOI: 10.1080/00036849700000037
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    References listed on IDEAS

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    1. Varian, Hal R., 1989. "Price discrimination," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 10, pages 597-654, Elsevier.
    2. Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
    3. Ordover, Janusz A & Willig, Robert D, 1978. "On the Optimal Provision of Journals qua Sometimes Shared Goods," American Economic Review, American Economic Association, vol. 68(3), pages 324-338, June.
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    Cited by:

    1. Yuqing Zheng & Harry M. Kaiser, 2012. "Price Discrimination in the Subscription Market for Economics Journals," Southern Economic Journal, John Wiley & Sons, vol. 79(2), pages 464-480, October.
    2. Rajeev K. Goel & João Ricardo Faria, 2007. "Proliferation Of Academic Journals: Effects On Research Quantity And Quality," Metroeconomica, Wiley Blackwell, vol. 58(4), pages 536-549, November.

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