Document de travail
When Is Building a Library Consortium Bene ficial?
Doh-Shin Jeon et Domenico Menicucci
IDEI Working Paper
n° 791, 21 août 2013, révision 7 avril 2014
Référence
Doh-Shin Jeon et Domenico Menicucci, « When Is Building a Library Consortium Bene ficial? », IDEI Working Paper, n° 791, 21 août 2013, révision 7 avril 2014.
Résumé
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".
Mots-clés
Library Consortium; Academic Journals; Personalized Prices; Cor- relation; Multimarket contact; Level-playing Field;
Codes JEL
- D4: Market Structure and Pricing
- K21: Antitrust Law
- L41: Monopolization • Horizontal Anticompetitive Practices
- L82: Entertainment • Media