« The Proper Kagan Quote for the Occasion | Main | One (or More) of These Things is Not Like the Others »
Tuesday, May 11, 2010
Casebooks and Collective Action
The good Professor Bainbridge is bemoaning his lack of market power as a casebook author:
Change is coming. The major law school casebook publishers are working on game changers like eBooks and textbook rentals, while trying to do so unilaterally within the confines of standard form contracts designed for the 19th Century.
Textbook pricing is out of whack. Our students are paying outrageous prices. I am willing to consider how we can fairly take steps to reduce that financial impact, but not at the expense of gutting my royalty income. . . .
Unfortunately, we have a collective action problem. Individual authors have little bargaining power. Collectively, we would wield considerable bargaining power, but there are huge obstacles to collective action on our part. As a result, we are all subject to huge pressure to accept unilateral changes imposed by the publisher even if the outdated form contract we signed 20 years ago doesn't remotely cover the situation.
As Brian Leiter noted, "I am glad to see that Professor Bainbridge is developing some class consciousness!"
Posted by Matt Bodie on May 11, 2010 at 11:29 AM in Teaching Law | Permalink
TrackBack
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c6a7953ef0133ed797c42970b
Listed below are links to weblogs that reference Casebooks and Collective Action:
Comments
The comments to this entry are closed.