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The Pricing of Economics Books

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  • David Laband
  • John Hudson

Abstract

Using data as reported in the JEL in 2000 and 1985, the authors examine the pricing and other characteristics of books. There has been a substantial rise in book prices, even in real terms, between the two years, which the smaller rise in average page length appears insufficient to justify. A major factor behind the rise would appear to be the increasing importance of foreign presses that not only sell at a higher average price than U.S. presses but are increasingly likely to do so. University presses and other not-for-profit publishers sell at substantially lower prices than commercial publishing houses and are more likely to publish in paperback than commercial publishing houses. The discount on paperbacks appears to have been relatively stable in the two years.

Suggested Citation

  • David Laband & John Hudson, 2003. "The Pricing of Economics Books," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(4), pages 360-368, December.
  • Handle: RePEc:taf:jeduce:v:34:y:2003:i:4:p:360-368 DOI: 10.1080/00220480309595229
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    References listed on IDEAS

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    1. Charles A. Holt & Monica Capra, 2000. "Classroom Games: A Prisoner's Dilemma," The Journal of Economic Education, Taylor & Francis Journals, vol. 31(3), pages 229-236, September.
    2. Reinhard Selten, 1973. "A Simple Model of Imperfect Competition, where 4 are Few and 6 are Many," Center for Mathematical Economics Working Papers 008, Center for Mathematical Economics, Bielefeld University.
    3. Nagel, Rosemarie, 1995. "Unraveling in Guessing Games: An Experimental Study," American Economic Review, American Economic Association, pages 1313-1326.
    4. Brauer, Jurgen & Delemeester, Greg, 2001. " Games Economists Play: A Survey of Non-computerized Classroom-Games for College Economics," Journal of Economic Surveys, Wiley Blackwell, vol. 15(2), pages 221-236, April.
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    Cited by:

    1. Cabolis, Christos & Clerides, Sofronis & Ioannou, Ioannis & Senft, Daniel, 2007. "A textbook example of international price discrimination," Economics Letters, Elsevier, pages 91-95.
    2. Allen Molina & Jungho Baek, 2015. "Analyzing Factors Affecting U.S. College Textbook Prices: An ARDL Cointegration Approach," Review of Economics & Finance, Better Advances Press, Canada, vol. 5, pages 35-42, May.

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