Undernews: Mathematicians plan open access research journal

"Mathematicians plan to launch a series of free open-access journals that will host their peer-reviewed articles on the preprint server arXiv. The project was publicly revealed in a blog post by Tim Gowers, a Fields Medal winner and mathematician at the University of Cambridge, UK. The initiative, called the Episciences Project, hopes to show that researchers can organize the peer review and publication of their work at minimal cost, without involving commercial publishers. Many mathematicians — and researchers in other fields — claim that they already do most of the work involved in publishing their research. At no cost, they type up and format their own papers, post them to online servers, join journal editorial boards and review the work of their peers. By creating journals that publish links to peer-reviewed work on servers such as arXiv, Demailly says, the community could run its own publishing system. The extra expense involved would be the cost of maintaining websites and computer equipment, he says."