So leads us to the remarkable story of Imperial College’s self-effacing head librarian, pitted in a battle of nerves against the publisher of titles like the Lancet. She is leading Research Libraries UK (RLUK), which represents the libraries of Russell Group universities, in a public campaign to pressure big publishers to end up-front payments, to allow them to pay in sterling and to reduce their subscription fees by 15%. The stakes are high, library staff and services are at risk and if an agreement or an alternative delivery plan is not in place by January 2nd next year, researchers at Imperial and elsewhere will lose access to thousands of journals. But Deborah Shorley is determined to take it to the edge if necessary: “I will not blink.”
The article is here. Part of what’s at stake is the so called “Big Deal” in which Elsevier bundles all of its academic journals and refuses to sell subscriptions to individual journals (or sells them only at exorbitant prices.) Edlin and Rubinfeld is a good overview of the law and economics of the Big Deals.
Boater Bow: Not Exactly Rocket Science.
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March 14, 2011 at 11:09 pm
Lones Smith
Brinkmanship seems best captured as a war of attrition – flavored bargaining model, where individuals seek to exploit the seed of doubt about their rationality to secure a rent over their outside option (as in Myerson’s text or later Abreu-Gul and Abreu-Pearce). “I will not blink” says it all – i.e. I am not rational.
March 15, 2011 at 8:40 am
Ike Ahnoklast
Love the blog but I’m wondering why you decided to present the content using light-grey foreground on (off-)white background. I might have chosen that combination if I my intent was to make reading difficult, but I assume that was not your intent…
March 15, 2011 at 9:13 am
jeff
It’s the default for this wordpress theme. I would like to change it and maybe cheap talk is due for a makeover…