Summary:
- During the last decades, the price of the serials subscription for academic journals has increased much faster than inflation.
- The market for scholarly journals is an oligopoly, with 5 major commercial publishers, Elsevier, Springer, Wiley, Taylor & Francis and Sage, covering more than half of the market. "Every scholarly journal is a natural mini-monopoly in the sense that no other journal publishes the same articles". (Suber, 2012). The biggest commercial publishers earn extremely high-profit margins.
- Researchers and peer reviewers do not get paid for their articles or reviews. These people are paid by their universities, receive public research grants, and the libraries of their universities pay high subscription prices to get access to their articles. That is why it can be considered that the research funders pay 3 times for the same products.
Link:
https://libguides.graduateinstitute.ch/open-access/serials-crisis
From feeds:
Open Access Tracking Project (OATP) ยป
Kirstine's bookmarks
Tags:
oa.new oa.switzerland oa.agreements oa.economics_of oa.publishers oa.monopoly oa.elsevier oa.springer_nature oa.sage oa.taylor&francis oa.prices oa.budgets
Date tagged:
03/23/2020, 11:16
Date published:
03/23/2020, 07:16