A Matching Model of the Academic Publication Market
Given the myriad of journal titles in economics and business administration, scholars can sometimes target the wrong journal. This paper provides a dynamic analysis of the market for academic publications that brings into the picture this type of informational friction. The key modelling device is a paper-to-journal matching function, similar to the matching function traditional in labor economics. An equilibrium is defined as a situation where both editors and authors implement their optimal publication strategies. The model is then 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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