The Curious Case of the Journal Manuscript Market: Ethics Versus Efficiency in Academe
KeywordsD40 - General
D42 - Monopoly
D47 - Market Design
D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
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AbstractThis study argues that there is a formal market for journal manuscript articles. The traits of this market for nearly all disciplines, except law, are then described. We discuss how most disciplines permit a manuscript to be submitted to only one journal at a time, the role of submission fees in this market, and the costs and benefits of the current system. This system is then compared to a world in which manuscripts could be submitted simultaneously to multiple journals and the potential benefits and costs of such a system.
Koch, James and Cebula, Richard (1981): The Curious Case of the Journal Manuscript Market: Ethics Versus Efficiency in Academe. Published in: The American Economist , Vol. 26, No. 1 (18 April 1982): pp. 30-34.