This paper examines the competitive effects of resale price maintenance (RPM) through inventory decisions under demand uncertainty. We focus on the Japanese publishing industry where RPM is allowed. We develop and estimate a model of RPM in which price and inventory are determined before demand...

The German DEAL agreements between German universities and research institutions on the one side and Springer Nature and Wiley on the other side facilitate easy open access publishing for researchers located in Germany. We use a dataset of all publications in chemistry from 2016 to 2020 and...

The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for books through laws concerning prices of books, grants...

This paper investigates the merits of a new related right press publisher. To this end, the paper investigates the economic and technical background and outlines the potential effects of the European Commission’s current proposal for a publisher’s right. The paper comes to the conclusion...

There is growing attention to discrimination in the media and the arts with explicit policies put in place to guarantee salary and representation for specific groups. However, the empirical support for such policies is limited. In this paper we examine book publishing using detailed micro-data...

Technology is taking over the world. Moreover, Artificial Intelligence or AI as the latest form of disruption seems to take over the work of creative workers: we find AI as the creator of oil paintings and as potential journalists. AI even takes the approach of creative writing. Therefore, the...

Technology is taking over the world. Moreover, Artificial Intelligence or AI as the latest form of disruption seems to take over the work of creative workers: we find AI as the creator of oil paintings and as potential journalists. AI even takes the approach of creative writing. Therefore, the...

List of Figures; List of Tables; Chapter 1: Introduction; Chapter 2: Background; Chapter 3: Journals; Chapter 4: Publishers; Chapter 5: Stakeholders; Chapter 6: Hijacked Publishing; Chapter 7: Conferences; Chapter 8: Metrics and Indexes; Chapter 9: Conclusion; Appendix A; Appendix B; References;...

"The Renaissance in Florence conjures images of beautiful frescoes and elegant buildings-the dazzling handiwork of the city's skilled artists and architects. But equally important for the centuries to follow were geniuses of a different sort: Florence's manuscript hunters, scribes, scholars, and...

Tension between value creation and value appropriation can arise when firms enter relationships with a platform. While creating value collectively, these relationships strengthen the network effects which increase the platform's ability to appropriate value. This shift in bargaining position...

Digital technology has allowed inventors to circumvent traditional intermediaries and directly reach consumers, which may affect licensing outcomes and efficiency in the market for ideas. We study these impacts theoretically and empirically in the book publishing industry, where the number of...

The American copyright act from 1976 allows authors to terminate their copyright grants after a certain vesting period if these are not categorized as work made for hire. The literature suggests substantial effects on the author-publisher relationship because in negotiations publishers may...

The German copyright law was reformed in the end of 2016 with the purpose of ensuring reasonable pecuniary compensation to authors. It proposes an option which entitles authors to negotiate copyright transfers with an additional publisher after a vesting period of ten years. The results of a...

Already among the most important sectors of the US economy, the entertainment and media industries are continuing to grow worldwide. Fully updated, the tenth edition of Entertainment Industry Economics is the definitive reference on the economics of film, music, television, advertising,...

Today, copyright policy is framed solely in terms of a trade off between the benefits of incentivizing authors to create new works and the losses from restricting access to those works. This is a mistake that has distorted the policy and legal debates concerning the fundamental role of copyright...

Chapter 1: Introduction -- Chapter 2: Institutional Routines and the Victorian Publishing Industry -- Chapter 3: Authorship: Legitimation of a Literary Profession -- Chapter 4: Literary Agents: Middlemen of the Industry -- Chapter 5: Publishing Power Houses -- Chapter 6: The Macmillans: A...

Publishing is one of the oldest and most influential businesses in the world. It remains an essential creative and knowledge industry, worth over $140 billion a year, which continues to shape our education and culture. Two trends make this a particularly exciting time. The first is the...

In einem komplexen Marktumfeld kann eine funktionierende Unternehmenskommunikation einen entscheidenden Wettbewerbsvorteil für kleine und mittlere Unternehmen darstellen. Viele Betriebe konzentrieren sich jedoch auf die externe Kommunikation, während die interne Kommunikation vernachlässigt...