Abstract
An analysis of pricing by economics journal publishers shows that most publishers initially charge libraries and individual subscribers the same price. Over time, however, almost all eventually engage in price discrimination. The few publishers that never price-discriminate seem to be pursuing an explicit non-profit-maximizing pricing strategy. Once discrimination occurs, library prices rise faster than individual subscriber prices. These results are consistent with theoretical predictions.
Original language | English (US) |
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Pages (from-to) | 1611-1618 |
Number of pages | 8 |
Journal | Applied Economics |
Volume | 29 |
Issue number | 12 |
DOIs | |
State | Published - Dec 1997 |
ASJC Scopus subject areas
- Economics and Econometrics