Comments: Ledger - a journal for cryptocurrency papers

However, if you publish on the blockchain with something 'Ricardian' built in .....you could reward the author ( and the reviewers) for the citations... though there are of course timelag issues ;-(

Posted by Arthur Doohan at November 17, 2015 04:03 AM

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The Open Access movement also saw the rise of new publishing platforms and mega journals like the Public Library of Science. It also birthed new business models for academic publishing, from the traditional journal subscription model to the Article Processing Charges (APC) or publication fee model and hybrid Open Access publishing options with traditional publishers.

Under the APC model, researchers, research funders or research institutions take responsibility for the payment of these charges, covering the journal’s costs, so that articles can be be published in an Open Access manner and be free to use.

But these changes in support of broader public access seem to have been to little avail. Publishers are maximising profits with a hybrid model of double payments, also referred to as “double dipping”. They collect Article Processing Charges from researchers to publish in an Open Access format and still collect subscription fees from users.

British higher education support body JISC conducted a study to explore this practice. It averaged the APC payment for 2014 by 20 universities in the United Kingdom at £1581. It concluded in a separate study that the overall increase in the total cost of ownership – subscription and APCs – when compared to capped subscription fees was as high at 73% at one UK institution.

The shifting model also brought with it a flood of predatory publishers, pirated academic journals and a variety of unethical research practices.
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Posted by Why it's getting harder to access free, quality academic research at November 18, 2015 03:08 AM
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