Back to Search
Start Over
A model of scholarly publishing with hybrid economic journals
- Source :
- Theory and Decision, Theory and Decision, Springer Verlag, 2017, 1, pp.131-150. ⟨10.1007/s11238-016-9553-0⟩
- Publication Year :
- 2017
- Publisher :
- HAL CCSD, 2017.
-
Abstract
- In April 2013, all of the major academic publishing houses moved thousands of journal titles to an original hybrid model, under which authors of accepted papers can choose between an expensive open access track and the traditional track available only to subscribers. This paper argues that authors might use publication strategy as a quality signaling device. The imperfect information game between authors and readers presents several types of Perfect Bayesian Equilibria, including a separating equilibrium in which only authors of high quality papers are driven toward the open access track. The publishing house will choose the open-access publication fee that supports the emergence of the highest return equilibrium. Journal structures will evolve over time according to the journals’ accessibility - quality profiles.
- Subjects :
- Operations research
Computer science
media_common.quotation_subject
General Decision Sciences
Academic publishing,Open access,Knowledge di¤usion,Imperfect information,Signaling
Track (rail transport)
jel:L23
Arts and Humanities (miscellaneous)
0502 economics and business
Academic publishing
Open access
Knowledge di¤usion
Imperfect information
Signaling
Developmental and Educational Psychology
[CHIM]Chemical Sciences
Quality (business)
050207 economics
[SHS.ECO] Humanities and Social Sciences/Economics and Finance
Applied Psychology
media_common
JEL: A - General Economics and Teaching/A.A1 - General Economics/A.A1.A14 - Sociology of Economics
business.industry
jel:D52
05 social sciences
Perfect information
General Social Sciences
jel:A14
JEL: L - Industrial Organization/L.L2 - Firm Objectives, Organization, and Behavior/L.L2.L23 - Organization of Production
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Data science
Computer Science Applications
Publication strategy
Publishing
JEL: D - Microeconomics/D.D5 - General Equilibrium and Disequilibrium/D.D5.D52 - Incomplete Markets
0509 other social sciences
050904 information & library sciences
business
General Economics, Econometrics and Finance
Hybrid model
Subjects
Details
- Language :
- English
- ISSN :
- 00405833 and 15737187
- Database :
- OpenAIRE
- Journal :
- Theory and Decision, Theory and Decision, Springer Verlag, 2017, 1, pp.131-150. ⟨10.1007/s11238-016-9553-0⟩
- Accession number :
- edsair.doi.dedup.....ce583709a9dbeb6492ada0f2736d0802