Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104401
Authors: 
Mueller-Langer, Frank
Watt, Richard
Year of Publication: 
2013
Series/Report no.: 
Munich Discussion Paper 2013-10
Abstract: 
We analyse optimal pricing and quality of a monopolistic journal and the optimality of open access in a two-sided model. The predominant aspect of the model that determines the quality levels at which open access is optimal is the nature of the (non-linear) externalities between readers and authors in a journal. We show that there exist scenarios in which open access is a feature of high-quality journals. Besides, we find that the removal of copyright (and thus forced open access) will likely increase both readership and authorship, will decrease journal profits, and may increase social welfare.
Subjects: 
Two-sided markets
academic journals
open access
removal of copyright
welfare effects
JEL: 
L11
L82
O34
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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