What’s The Big Deal: Journal Pricing Secrets Exposed
5:00 PM – 6:00 PM
Large commercial publishers sell bundled online subscriptions to their entire list of academic journals at prices significantly lower than the sum of their á la carte prices. Bundle prices differ drastically between institutions, but they are not publicly posted. UCSB economist Ted Bergstrom will discuss the results of his recently published study revealing price discrimination practiced by commercial and nonprofit journal publishers and the impact of these practices on library collection budgets and researchers’ access to scholarship. This information is of interest to economists who study monopolist pricing, librarians interested in making efficient use of library budgets, and scholars who are interested in the availability of the work that they publish.