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serials crisis
The term serials crisis has become a common shorthand to describe the chronic subscription cost increases of many serial publications such as scholarly journals.〔.〕 The prices of these institutional or library subscriptions have been rising much faster than the Consumer Price Index for several decades,〔.〕 while the funds available to the libraries have remained static or have declined in real terms. As a result, academic and research libraries have regularly canceled serial subscriptions to accommodate price increases of the remaining current subscriptions.〔.〕
==Rising subscription prices==
The subscription prices of scholarly journals have been increasing at a rate faster than the inflation rate for several decades.〔 This chronic inflation is caused by several factors. Each journal title publishes unique research findings and as a result is a unique commodity that cannot be replaced in an academic library collection by another journal title, such as a less expensive journal on the same subject, as one could with commodities. The publisher thus has the ability to act as a monopolist. Scholarly journals vary greatly in quality as do the individual articles that they publish. The highest quality journals are often expected and demanded by scholars to be included in their institution's library collections, often with little regard or knowledge about the subscription costs. Traditional metrics for quality in scholarly journals include Impact Factor and Citation count as recorded by Journal Citation Reports. This leads to price inelasticity for these higher quality journals.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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