Re: fantastically entertaining paper

2002-06-21 Thread Peter J Boettke
] To: [EMAIL PROTECTED] Sent: Thursday, June 20, 2002 11:29 PM Subject: Re: fantastically entertaining paper Robin Hanson wrote: Here we have an industry (academic journals) where concentration is low, entry is cheap, and most firms use the same production technology (referees with veto power

RE: fantastically entertaining paper

2002-06-21 Thread Robin Hanson
Michael E. Etchison wrote: an industry (academic journals) where . . . entry is cheap As a non-academic, I have to wonder -- if getting in is so cheap, why is getting a copy so expensive? Standard armchair econ question, really. If prices are going up, and quantity is going up, we'd suspect

Re: fantastically entertaining paper

2002-06-21 Thread Robin Hanson
Bryan D Caplan wrote: Here we have an industry (academic journals) where concentration is low, entry is cheap, and most firms use the same production technology (referees with veto power), even though an alternate technology (editors pick) has long been tried, and is easy to try. Frey

RE: fantastically entertaining paper

2002-06-21 Thread Michael Etchison
Robin Hanson: Michael E. Etchison wrote: an industry (academic journals) where . . . entry is cheap As a non-academic, I have to wonder -- if getting in is so cheap, why is getting a copy so expensive? Standard armchair econ question, really. Yes, I know, and I know what we'd suspect. I

RE: fantastically entertaining paper

2002-06-21 Thread John Samples
Cato Institute -Original Message- From: Michael Etchison [mailto:[EMAIL PROTECTED]] Sent: Friday, June 21, 2002 1:44 PM To: [EMAIL PROTECTED] Subject: RE: fantastically entertaining paper Robin Hanson: Michael E. Etchison wrote: an industry (academic journals) where . . . entry is cheap

Re: fantastically entertaining paper

2002-06-21 Thread Alex Tabarrok
Robin probably regrets using the word cheap in regard to entry as this has clearly confused some people. As Robin later pointed out he meant cheap to mean the journal industry approximates the economic concept of free entry (more than many other industries we all think of as

Re: fantastically entertaining paper

2002-06-20 Thread Robin Hanson
On 6/19/02, Bryan Caplan wrote: I heartily recommend Bruno Frey's extremely fun working paper Publishing as Prostitution: Choosing Between One's Own Ideas and Academic Failure. ... http://www.iew.unizh.ch/wp/iewwp117.pdf Peter Boettke added: I completely agree with your assessment of Frey's

Re: fantastically entertaining paper

2002-06-20 Thread Bryan D Caplan
Robin Hanson wrote: Here we have an industry (academic journals) where concentration is low, entry is cheap, and most firms use the same production technology (referees with veto power), even though an alternate technology (editors pick) has long been tried, and is easy to try. Frey claims