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Evaluating big deal journal bundles.

Theodore C Bergstrom1, Paul N Courant2, R Preston McAfee3

  • 1Economics Department, University of California, Santa Barbara, CA 93105; tedb@econ.ucsb.edu.

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Summary
This summary is machine-generated.

Commercial publishers offer journal subscription bundles at lower prices than individual subscriptions. Our study compares these bundle prices and examines price discrimination by both commercial and nonprofit publishers.

Keywords:
all-or-nothing pricebargainingefficiencyinformation technologymonopoly

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Area of Science:

  • Economics
  • Library and Information Science
  • Scholarly Publishing

Background:

  • Large commercial publishers offer bundled online journal subscriptions at reduced rates compared to individual journal prices.
  • Bundle pricing varies significantly between institutions and is not publicly disclosed.
  • Understanding pricing structures is crucial for academic libraries and economists.

Purpose of the Study:

  • To compare bundle prices of commercial publishers with those of nonprofit societies.
  • To analyze price discrimination strategies employed by commercial and nonprofit journal publishers.
  • To provide insights for librarians managing budgets and scholars concerned with access to research.

Main Methods:

  • Data collection on journal bundle prices from various institutions.
  • Comparative analysis of pricing between commercial and nonprofit publishers.
  • Examination of price discrimination patterns.

Main Results:

  • Significant price discrepancies exist in journal bundle subscriptions.
  • Commercial publishers exhibit distinct pricing strategies compared to nonprofit societies.
  • Evidence of price discrimination practices identified in both publisher types.

Conclusions:

  • Journal bundle pricing is complex and varies widely.
  • Price discrimination is a notable factor in academic journal subscription markets.
  • Findings inform budget allocation for libraries and economic studies of pricing.