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Andrew Odlyzko's paper on library and publishers

Dr. Odlyzko's fascinating paper on the possible demise of libraries due to
the unfavorable economics in their competition with scholarly publishers
does not specifically address advantages that university libraries might
derive from coordinated management of copyrights on behalf of faculty
authors. I have heard that NYU has such a program and that it has been
successful and popular with the faculty. Other schools are at least
considering implementing such policies and some may have already done so.
It would be interesting to see how pressure applied to the journals'
content supply changes the economics of the issue.