search query: @indexterm ELECTRONIC PUBLISHING INDUSTRY / total: 39
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Author: | Jeon, D.-S. Menicucci, D. |
Title: | Bundling electronic journals and competition among publishers |
Journal: | Journal of the European Economic Association
2006 : SEP, VOL. 4:5, p. 1038-1083 |
Index terms: | electronic publishing industry scientific literature |
Language: | eng |
Abstract: | This article investigates how bundling of electronic journals affects journal pricing in the market of scientific, technical and medical electronic journals. It is found that (i) when bundling is prohibited, surprisingly, industry concentration does not affect prices; (ii) when bundling is allowed, each publishers finds bundling profitable and bundling increases industry profits while reducing social welfare; (iii) any merger among publishers already active in the market is profitable but reduces social welfare. |
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