Audio Book

La Révolution Dévore ses Enfants: Pricing Implications of Transformative Agreements

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La Révolution Dévore ses Enfants: Pricing Implications of Transformative Agreements

About this episode

Transformative agreements were meant to convert subscription journals into open‑access venues by replacing paywalls with publish‑and‑read fees. This analysis shows how those deals can stabilize the profits of large incumbents by shifting value from new articles to access to extensive back catalogues. Because universities cannot abandon major archives without losing essential knowledge, publishers with the largest historical catalogues can “insure” against declines in publication volume. The result: a must‑stock dilemma for libraries and persistent market power for incumbents. Without policy reforms — transparent pricing, time‑limited archive clauses, and incentives for diversification — the revolution that promised openness may entrench dependence. Produced by Cognivault — insight, intelligence, and innovation made clear.
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Original article reference:

This Audio is a summary of the paper: La Révolution Dévore ses Enfants: Pricing Implications of Transformative Agreements

by:

W. Benedikt Schmal

of:

Technische Universität Ilmenau; KU Leuven

Original article link:

https://arxiv.org/abs/2403.03597
This work is licensed under a Creative Commons Attribution 4.0 International License CC BY 4.0
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