The Librarians' Dilemma: Contemplating the Costs of the 'Big Deal'

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Date

2001

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Abstract

"Simply put, the Big Deal is an online aggregation of journals that publishers offer as a one-price, one size fits all package. In the Big Deal, libraries agree to buy electronic access to all of a commercial publisher's journals for a price based on current payments to that publisher, plus some increment. Under the terms of the contract, annual price increases are capped for a number of years."

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information, libraries, prisoner's dilemma, public goods and bads, game theory

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