Free Labor for Costly Journals
TL;DR: There is a remarkable difference between the prices that commercial publishers charge to libraries for economics journals and the prices charged by professional societies and university presses as mentioned in this paper, and the price difference does not reflect a difference in quality.
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Abstract: There is a remarkable difference between the prices that commercial publishers charge to libraries for economics journals and the prices charged by professional societies and university presses This price difference does not reflect a difference in quality The six most-cited economics journals listed in the Social Science Citation Index are all nonprofit journals, and their library subscription prices average about $180 per year Only five of the 20 most-cited journals are owned by commercial publishers, and the average price of these five journals is about $1660 per year Tables 1 and 2 compare library costs and measures of cost-effectiveness for the ten most-cited nonprofit journals and the ten most-cited journals owned by commercial presses The average price per page of the commercial journals is about six times as high and the average price per citation is about 16 times as high as for the nonprofit journals In Tables 1 and 2, the first column shows the year 2001 library subscription price and the second column shows the price per page (calculated by dividing year 2001 price by the number of pages published in the year 2000) The third column reports the price per citation This is the library subscription price divided by the number of times that articles in this journal were cited in 1998, as recorded by the Social Science Citation Index The fourth column, price per recent citation, is the library subscription price divided by the number of times that the 1996 and 1997 volumes of the journal were cited in 1998 The citation rank is found by ranking journals according to the number of times that this journal was cited in 1998 The differences in prices and cost-effectiveness between nonprofit and commercial journals are similar for less prestigious journals I have assembled a data
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References
Journal Pricing and Mergers: A Portfolio Approach
TL;DR: For instance, McCabe et al. as discussed by the authors studied the relationship between journal quality and the number of titles published by a journal publisher and the amount of money it receives from the publishers.
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The slowdown in first-response times of economics journals: can it be beneficial?
TL;DR: The first response time (henceforth FRT) of economics journals has increased over the last four decades from 1-2 months to 3-6 months as mentioned in this paper, and the change in actual FRT is in the same direction as the increase in the optimal FRT, which has increased because of the availability of research on the Internet prior to publication.
The economics of publishing and the publishing of economics
TL;DR: This paper explored the relationship between economics and scientific journal publishing in a number of areas by: establishing the fact, neglected by some librarians, that the "serials crisis" is not exclusively a plague infecting the STM sector, but that economics too has been badly affected; providing a more disaggregated analysis of the market power exerted by the dominant commercial publisher in economics journal publishing; considering briefly three academic-led experiments aimed at improving scholarly communication in economics; comparing the policy stance taken by the UK Competition Commission on scientific publishing and on banking for small businesses in two recent
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Viewpoint: One more revolution to make: free scientific publishing
TL;DR: Computer scientists are in the position to create new, free high-quality journals, but what would it take to create them?
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•Journal Article
One More Revolution to Make: Free Scientific Publishing
TL;DR: In this article, the authors propose to create new, free high-quality journals for computer scientists, but they do not specify what would it take to create these journals, and what would they require.