Is It Such a Big Deal? On the Cost of Journal Use in the Digital Era

Resource type
Date created
2017-11-06
Authors/Contributors
Abstract
Commercial scholarly publishers promote and sell bundles of journals—known as big deals—that provide access to entire collections rather than individual journals. Following this new model, size of serial collections in academic libraries increased almost fivefold from 1986 to 2011. Using data on library subscriptions and references made for a sample of North American universities, this study provides evidence that, while big deal bundles do decrease the mean price per subscribed journal, academic libraries receive less value for their investment. We find that university researchers cite only a fraction of journals purchased by their libraries, that this fraction is decreasing, and that the cost per cited journal has increased. These findings reveal how academic publishers use product differentiation and price strategies to increase sales and profits in the digital era, often at the expense of university and scientific stakeholders.
Document
Published as
Shu, F., Mongeon, P., Haustein, S., Siler, K., Alperin, J.P. & Larivière, V. Is It Such a Big Deal? On the Cost of Journal Use in the Digital Era. College and Research Libraries. (in press 2018)
Publication title
College and Research Libraries
Document title
Is It Such a Big Deal? On the Cost of Journal Use in the Digital Era
Date
2018
Copyright statement
Copyright is held by the author(s).
Scholarly level
Peer reviewed?
Yes
Language
Member of collection
Download file Size
16829-21204-1-pb.pdf 2.5 MB

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