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Does Academic Publishing Pass the Real Market Test?

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  • Mark Thornton

Abstract

The academic market test is dissected here into its component decision-making processes to establish a basis for comparing the commercial market test that we know, with the one we seek to pass in academia. Important differences between the two markets exist, but the market test for academic publishing does pass muster and may surpass that of the commercial market. This provides an analytical foundation for resolving issues of professional debate concerning who passes the academic market test.

Suggested Citation

  • Mark Thornton, 2004. "Does Academic Publishing Pass the Real Market Test?," Public Choice, Springer, vol. 120(1_2), pages 41-61, July.
  • Handle: RePEc:kap:pubcho:v:120:y:2004:i:1_2:p:41-61
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    Cited by:

    1. Daniel Sutter, 2009. "The Market, the Firm, and the Economics Profession," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(5), pages 1041-1061, November.
    2. Steven M. Shugan, 2007. "The Editor's Secrets," Marketing Science, INFORMS, vol. 26(5), pages 589-595, 09-10.
    3. Moizer, Peter, 2009. "Publishing in accounting journals: A fair game?," Accounting, Organizations and Society, Elsevier, vol. 34(2), pages 285-304, February.
    4. Rex J. Pjesky & Daniel Sutter, 2011. "Does the Lack of a Profit Motive Affect Hiring in Academe? Evidence from the Market for Lawyers," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(4), pages 1053-1084, October.
    5. Langbein, Laura, 2008. "Management by results: Student evaluation of faculty teaching and the mis-measurement of performance," Economics of Education Review, Elsevier, vol. 27(4), pages 417-428, August.

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