Re: Exchange Regarding Open Access Journals

From: Martin J. Osborne <osborne_at_CHASS.UTORONTO.CA>
Date: Thu, 3 May 2007 00:13:16 -0400

Stevan Harnad wrote:

> (3) This journal will charge about $1000 to publish, which is within the
> current going rate for OA journal publication fees.

        The "going rate" surely depends on the field. Theoretical Economics,
an Open Access journal (of which I happen to be the Managing Editor)
charges a submission fee of $75 and no publication fee for authros who
use the software standard in our field (LaTeX).
>
> (5) This means that for now OA publishing charges are over and above
> what is already being spent on subscriptions.
>
        I don't understand the meaning of this claim. Suppose journal X
charges a subscription and then journal Y, which is OA, enters the
scene. If everyone who used to submit to X switches to Y, the
subscription fees will be replaced by submission/publication fees. If X
charged $500 per volume to 300 libraries and Y publishes 40 papers per
volume, even with a publication fee of $1000, the scientific community
will save $110,000 (= 300*$500 - 40*$1000).

--
Martin J. Osborne
Department of Economics
150 St. George Street
University of Toronto
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M5S 3G7
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martin.osborne_at_utoronto.ca
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Received on Thu May 03 2007 - 11:40:23 BST

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