Why the price of scholarly publishing is so much higher than the cost

Mike Taylor

doi:10.59350/r63ds-cgn21

October 18, 2021Open Access

Why the price of scholarly publishing is so much higher than the cost

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Key Points

The price of scholarly publishing is often much higher than its production cost, challenging traditional pricing structures.
Value perceptions in scholarly publishing differ from actual costs, leading to inflated prices for end users.
Markets for items like chairs showcase simpler pricing mechanisms compared to the complexities of scholarly publishing.
Understanding these dynamics is crucial for educators and researchers who navigate publication costs.

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Implication

Discussion reveals the complex market dynamics of scholarly publishing, implying significant cost-value gaps.

Abstract

Last time, we looked at the difference between cost, value and price, and applied those concepts to simple markets like the one for chairs, and the complex market that is scholarly publication.

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Mike Taylor (2021) studied this question.

synapsesocial.com/papers/68eb6f7ceea689731b300691 https://doi.org/10.59350/r63ds-cgn21

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Why the price of scholarly publishing is so much higher than the cost

Key Points

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Implication

Abstract

Discussion

Cite This Study

Why the price of scholarly publishing is so much higher than the cost

Key Points

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Implication

Abstract

Discussion

Cite This Study

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