More on executive pay

Weasel's Manual of Apologies  for 
Misbehaving Monopolists

Did you think politicians had a monopoly on meretricious arguments? 

Would you believe that there are two economics journals that cost more than $8000 per year but  have almost no citations? Who are the libraries that subscribe to them?

The Parable of the Anarchists' annual meeting.

Why doesn't competition eliminate
excess profits in the journal industry?

This link includes papers that I have written or coauthored on journal pricing and a couple of responses from writers who disagreed with my views. 

• A Lysistratan Scheme for Punishing Overpriced Economics Journals

• Data on  Economics  Journal Prices                          

• Databases on prices and citations in all disciplines
  
• Journalprices.com     Preston McAfee and I, with the   assistance of Vera te Velda,  have assembled a database that records  price per article,   price per citation, and for-profit status of about 7000 academic journals in all disciplines and classifies them  as "good, medium, or bad buys".
• Eigenfactor.org  I have been working with Carl Bergstrom, Jevin West, and Ben Althauser of the University of Washington, using a Google-like algorithm  to construct recursively  weighted citation scores for more than 20,000 journals, newspapers, and other media. 

• Journal Pricing Studies for  Other Disciplines  
  
• Ecology
  
• Geography
• Mathematics
•  Physics                                          
  
• Carl Bergstrom and I have collected and analyzed data on journal pricing by commercial and nonprofit publishers  in several other disciplines.  Here you will find a discussion and data from our studies.

• Electronic Access and University Site Licenses

Will the problem of overpriced commercial journals be less severe, as  we move from print access  to electronic journals?  What should the role of university libraries be in all this? 

• Humbug in the Emerald City
  

I have pointed out before that by far the most expensive journals in economics are two journals published by Emerald Press.  See my discussion of the  P.T. Barnum List.  A librarian at Cornell has discovered some even more remarkable wool that this publisher has been able to pull over gullible eyes.  

• Breaking Away

Some professional societies whose journals had been captured and overpriced by commercial publishers have broken away from these publishers and started new competing journals.   There is also a growing number of interesting new reasonably priced (and sometimes free) electronic journals. 

• Open Access and Self-Archiving