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The Benefits of Diverse Preferences in Library Consortia

Jeon, Doh-Shin and Menicucci, Domenico (2013) The Benefits of Diverse Preferences in Library Consortia. TSE Working Paper, n. 13-425

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Official URL: http://tse-fr.eu/pub/27443

Abstract

This paper identifies strategies to build a library consortium from a long term point of view. Contrary to the conventional wisdom to build a consortium around groups of homogenous institutions (Davis, 2002), we find that libraries with similar preferences are likely to lose from building a consortium while libraries with opposite preferences almost always gain from it. Our results suggest a strong tension between a short-term strategy and a long-term strategy as long as the former dictates forming a consortium around libraries with homogenous preferences in order to gain from quantity discounts. This tension might create a "library consortium trap".

Item Type: Monograph (Working Paper)
Language: English
Date: 21 August 2013
Uncontrolled Keywords: Library Consortium, Academic Journals, Personalized Prices, Cor- relation, Multimarket contact, Level-playing Field
JEL codes: D4 - Market Structure and Pricing
K21 - Antitrust Law
L41 - Monopolization; Horizontal Anticompetitive Practices
L82 - Entertainment; Media (Performing Arts, Visual Arts, Broadcasting, Publishing, etc.)
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse Capitole
Site: UT1
Date Deposited: 09 Jul 2014 17:37
Last Modified: 07 Mar 2018 13:22
OAI ID: oai:tse-fr.eu:27443
URI: http://publications.ut-capitole.fr/id/eprint/15701

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