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(In)Efficient market models: the reality behind economic models in the publishing industry

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The literature on evolving economic models in the electronic publishing industry of academic and scholarly communication has primarily been based on an ideology of economic efficiency. This ideology implies the role of print journals and publishers will become less dominant in the publishing industry since market forces predict a significant change in the flow of incentives and information between the various stakeholders. However, recent research suggests that this conclusion may be premature. Resisting forces, which manifest themselves via institutional, infrastructural and informational channels, seem strong enough to maintain the viability of print publishing in the medium term.
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Document Type: Research Article

Publication date: 1999-04-01

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  • Editor in Chief: Pippa Smart
    North American Editor: Judy Luther

    Learned Publishing is the journal of the Association of Learned and Professional Society Publishers, published in collaboration with the Society for Scholarly Publishing. The journal is published quarterly in January/April/July/October.

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