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The Effect of Journal Competition on Research Quality with Endogenous Choices of Open Access or Restricted Access
Institution:1. School of Business Administration, East China Normal University, Shanghai 200062;2. Institute of Big Data, Fudan University, Shanghai 200433;3. National Institute of Intelligent Evaluation and Governance, Fudan University, Shanghai 200433;4. School of Economics, Shandong University, Jinan, Shandong 250100;1. School of Business Administration, East China Normal University, Shanghai 200062;2. Institute of Big Data, Fudan University, Shanghai 200433;3. National Institute of Intelligent Evaluation and Governance, Fudan University, Shanghai 200433;4. School of Economics, Shandong University, Jinan, Shandong 250100;1. CSIR-National Institute of Science Communication and Policy Research, Dr. K.S. Krishnan Marg,New Delhi 110012, India;2. Academy of Scientific and Innovative Research (AcSIR), Ghaziabad-201002, India;1. School of Software Engineering, Dalian University, Dalian, 116622, China;2. School of Software, Dalian University of Technology, Dalian, 116024, China;3. Key Laboratory for Ubiquitous Network and Service Software of Liaoning Province, Dalian, 116024, China;1. Center for Studies of Information Resources, Wuhan University, Wuhan, China;2. School of Information Management, Wuhan University, Wuhan, China;1. The College of Economics and Management, Beijing University of Chemical Technology, Beijing 100029, China;2. School of Economics and Management, China University of Geosciences, Beijing 100083, China;3. Key Laboratory of Carrying Capacity Assessment for Resource and Environment, Ministry of Natural Resources, Beijing 100083, China;4. Chinese Academy of Geological Sciences, Beijing 100037, China;1. School of Business, Shandong Normal University, Jinan, 250358, China;2. School of Business, Guilin University of Electronic Technology, Guilin, 541004, China;1. School of Information Management, Sun Yat-sen University, No.132, Waihuan East Road, Guangzhou Higher Education Mega Center, Panyu District, Guangzhou, 510006, P. R. China;2. Center for Studies of Information Resources, Wuhan University, Wuhan, Hubei, China;3. Westlake High School, Austin, Texas, America;4. Department of Information Management, Peking University, Beijing, China
Abstract:Despite the recent moving towards open access trend in the academic community, both restricted and open access journals continue to coexist. New journals need to choose their journal types (open versus restricted access), while the incumbent journals may change their journal types. To better understand how the academic community is shaped by journals’ choices of journal types, we constructed a game-theoretical model of journal competition with endogenous journal qualities and journal types. We found that journals’ equilibrium quality and types vary by article processing charge (APC) and journals’ preference for quality. Compared to the case that both journals are open access, a competition among journals of different types leads to higher journal quality standards chosen in equilibrium when APC is modest. Therefore, in the academic community where the research quality is measured by the highest quality of the journals therein, journals of different types guarantee a good degree of knowledge diffusion with a high quality.
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