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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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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 Classification: | 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: | 02 Apr 2021 15:48 |
| OAI Identifier: | oai:tse-fr.eu:27443 |
| URI: | https://publications.ut-capitole.fr/id/eprint/15701 |
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