?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F3332%2F&rft.title=The+Pricing+of+Academic+Journals%3A+A+Two-Sided+Market+Perspective&rft.creator=Jeon%2C+Doh-Shin&rft.creator=Rochet%2C+Jean-Charles&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=More+and+more+academic+journals+adopt+an+open-access+policy%2C+by+which+articles+are+accessible+free+of+charge%2C+while+publication+costs+are+recovered+through+author+fees.+We+study+the+consequences+of+this+open+access+policy+on+a+journal%E2%80%99s+quality+standard.+If+the+journal%E2%80%99s+objective+was+to+maximize+social+welfare%2C+open+access+would+be+optimal+as+long+as+the+positive+externalities+generated+by+its+diffusion+exceed+the+marginal+cost+of+distribution.+However%2C+we+show+that+if+an+open+access+journal+has+a+different+objective+(such+as+maximizing+readers%E2%80%99+utility%2C+the+impact+of+the+journal+or+its+profit)%2C+it+tends+to+choose+a+quality+standard+below+the+socially+efficient+level.&rft.publisher=TSE+Working+Paper&rft.date=2009-10&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F3332%2F1%2Fwp_io_98_2009.pdf&rft.identifier=++Jeon%2C+Doh-Shin+%3Chttps%3A%2F%2Fwww.idref.fr%2F17113236X%3E+and+Rochet%2C+Jean-Charles+%3Chttps%3A%2F%2Fwww.idref.fr%2F03062620X%3E++(2009)+The+Pricing+of+Academic+Journals%3A+A+Two-Sided+Market+Perspective.++TSE+Working+Paper%2C+n.+09-098+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F21922&rft.language=en