Talis Incubator for Open Education finalists
Through the Incubator project, Talis is providing Angel Funding and support for projects that further Open Education.
Peter Suber: Open access, markets and missions
We can admit that artificial scarcity will protect a revenue stream for the existing array of conventional publishers, and serve the research community in that particular way. But it doesn’t follow that it serves the function in the community that should be served by scholarly publishing. On the contrary.
Financial analysts at Credit Suisse First Boston pointed out that second-rate journals with low rejection rates have higher profit margins than first-rate journals with high rejection rates. Higher rejection rates increase the costs per published paper by requiring journals to perform peer review more times per published paper. This creates incentives for profit maximizers to lower their rejection rates, even if that means lowering standards. At the same time, it creates incentives for profit maximizers to bundle journals together and reduce the freedom of libraries to cancel low-quality titles.