For decades, the value of subscription journals has been rising quicker than inflation. battling this serials crisis, librarians have inspired the event of open access journals. beneath open access, anyone will access analysis articles, reducing the requirement for libraries to subscribe journals. This would possibly profit libraries, however by gap up analysis budgets as a revenue supply it conjointly guarantees to spice up publisher profits.
The dominant style of immediate open access involves the payment of a piece of writing process charge (APC) to the publisher by the authors or their establishments. In theory, competition between publishers ought to apply downward pressure on APCs, as teachers ought to a minimum of think about worth once choosing a journal.
But this has not prevented APCs rising quicker than inflation. In fact, multiple authors have warned of a possible open access sequel to the serials crisis. This raises doubt on whether or not there’s extremely price war within the open access market.
In a recent paper, I examined whether or not authors truly reply to worth in journal choice. I expected that if authors area unit worth sensitive then journals that introduce, or increase, fees ought to see some loss in article volumes.
Journals generally introduce associate degree APC a number of years once they launch, or, once ‘flipping’ from a subscription model to open access. mistreatment eLife associate degreed honorary society Open Science as case studies of recent journals that have recently introduced an APC, I saw no proof that fee introduction resulted in any loss of article volume. Then, I compared journals that flipped to open access and, again, saw no sign that journals that begin charging associate degree APC lose authors.
Major business publishers conjointly frequently increase their fees over time. I examined the impact of fee will increase over time on the amount of articles revealed by 319 journals from the four biggest APC-funded business open access publishers. rather than higher APCs predicting lower article volumes, my applied mathematics analysis indicated that higher APCs foreseen higher article volumes.
When selecting a journal, the foremost vital issue is that the journal’s ‘prestige’ price. This may be associated with its impact issue, its editorial board, or if it’s backed by a revered society or establishment. These factors area unit unremarkably believed to be vital for hiring, promotions and funding applications.