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Opening Access to Research

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  • Mark Armstrong

Abstract

Traditionally, the scholarly journal market operates so that research institutions are charged high prices and the wider public is often excluded altogether, while authors can usually publish for free and commercial publishers enjoy high profits. Two forms of open access regulation can mitigate these problems: (i) direct price regulation of the form whereby a journal must charge a price of zero to all readers, or (ii) mandating authors or publishers to make freely available an inferior substitute to the publishing paper. The former policy is likely to result in authors paying to publish, which may lead to a reduction in the quantity of published papers and may make authors less willing to publish in selective journals. Recent UK policy towards open access is discussed.

Suggested Citation

  • Mark Armstrong, 2014. "Opening Access to Research," Economics Series Working Papers 707, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:707
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    References listed on IDEAS

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    10. Mark Armstrong Author-Email: mark.armstrong@ucl.ac.uk Author-Workplace-Name: University College of London, 2006. "Competition in Two-Sided Markets," RAND Journal of Economics, The RAND Corporation, vol. 37(3), pages 668-691, Autumn.
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    Citations

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    Cited by:

    1. Mark J. McCabe & Christopher M. Snyder, 2021. "Cite unseen: Theory and evidence on the effect of open access on cites to academic articles across the quality spectrum," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 1960-1979, December.
    2. Frank Mueller‐Langer & Richard Watt, 2021. "Optimal pricing and quality of academic journals and the ambiguous welfare effects of forced open access: A two‐sided model," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 1945-1959, December.
    3. Stephan Puehringer & Johanna Rath & Teresa Griesebner, 2021. "The political economy of academic publishing: On the commodification of a public good," PLOS ONE, Public Library of Science, vol. 16(6), pages 1-21, June.
    4. Oliver Budzinski & Thomas Grebel & Jens Wolling & Xijie Zhang, 2020. "Drivers of article processing charges in open access," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(3), pages 2185-2206, September.
    5. Mark J. McCabe & Christopher M. Snyder, 2018. "Open Access as a Crude Solution to a Hold‐Up Problem in the Two‐Sided Market for Academic Journals," Journal of Industrial Economics, Wiley Blackwell, vol. 66(2), pages 301-349, June.
    6. Doh-Shin Jeon & Domenico Menicucci, 2017. "The Benefits of Diverse Preferences in Library Consortia," Journal of Industrial Economics, Wiley Blackwell, vol. 65(1), pages 105-135, March.
    7. Justus Haucap & Nima Moshgbar & W. Benedikt Schmal, 2021. "The impact of the German 'DEAL' on competition in the academic publishing market," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 2027-2049, December.
    8. Mark Armstrong, 2021. "Plan S: An economist's perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 2017-2026, December.
    9. Giuseppe Pernagallo, 2023. "Science in the mist: A model of asymmetric information for the research market," Metroeconomica, Wiley Blackwell, vol. 74(2), pages 390-415, May.
    10. W Benedikt Schmal, 2023. "The X Factor: Open Access, New Journals, and Incumbent Competitors," Working Papers of Department of Management, Strategy and Innovation, Leuven 723956, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    11. Sergio Copiello, 2020. "Business as Usual with Article Processing Charges in the Transition towards OA Publishing: A Case Study Based on Elsevier," Publications, MDPI, vol. 8(1), pages 1-14, January.
    12. Gehrig, Thomas & Stenbacka, Rune, 2021. "Journal competition and the quality of published research: Simultaneous versus sequential screening," International Journal of Industrial Organization, Elsevier, vol. 76(C).
    13. Juan C. Correa & Henry Laverde-Rojas & Julian Tejada & Fernando Marmolejo-Ramos, 2022. "The Sci-Hub effect on papers’ citations," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(1), pages 99-126, January.
    14. Jeon, Doh-Shin & Menicucci, Domenico, 2013. "When Is Building a Library Consortium Beneficial?," IDEI Working Papers 791, Institut d'Économie Industrielle (IDEI), Toulouse, revised 07 Apr 2014.
    15. Thomas Eger & Marc Scheufen, 2021. "Economic perspectives on the future of academic publishing: Introduction to the special issue," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 1922-1932, December.

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    More about this item

    Keywords

    publishing; journals; open access; two-sided markets; regulation;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L17 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Open Source Products and Markets
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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