TY  - RPRT
ID  - publications15701
UR  - http://tse-fr.eu/pub/27443
A1  - Jeon, Doh-Shin
A1  - Menicucci, Domenico
Y1  - 2013/08/21/
N2  - 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".
PB  - TSE Working Paper
T3  - TSE Working Paper
KW  - Library Consortium
KW  - Academic Journals
KW  - Personalized Prices
KW  - Cor- relation
KW  - Multimarket contact
KW  - Level-playing Field
M1  - working_paper
TI  - The Benefits of Diverse Preferences in Library Consortia
AV  - public
EP  - 39
ER  -