Academic Authors: $0
FAKE NEWS
This should be in the negatives. We have to pay to get papers published in these traditional journals.
Reviewers and writers actually do get a stipend, but it's a token amount like 200 bucks a year. This industry is the most ass backward incentive structure we could possibly create, the only reason writers would provide articles to a journal is literally for the clout.
Really? I’ve reviewed and published a good chunk of papers and never received any financial compensation.
They all got bought up by venture capitalists like a decade or more more ago, and this is the result.
They were already backward, but now they are backward, ruthless about cost cutting, and care about nothing but profits.
Clout and also many academic focused universities expect some set minimum of publications from their staff
I heard that, you are legally allowed to Email the Academic Authors, and request said articles, which they are allowed to provide for free.
Absolutely. Plus scientists love when people want to actually read their work so you make their day too!
I too want to open a business where both customers and suppliers pay me. Do you know any more gullible sectors? Academics are pretty extorted already it seems.
Real estate seems to be a popular place for seemingly unnecessary middlemen.
Why are we looking at revenue? We don't know the operating costs. What are the profit margins?
Alright but look at how much they pay the authors. What other business pays ZERO dollars for their core product?
None, but science isn't a business. Treating it so creates perverse incentives where an articles is reviewed by merit of its financial gain and not its content. Some people already do this by prestige alone, but adding money to the mix won't improve this imo
So it's acceptable for Elselvier et al to milk academics blind? At the minimum, authors should not be charged.
No, but ideally all publishers should operate not-for-profit, and yep submission for open access should not cost ridiculous fees.
I've only ever published in open access journals (partially because I've only got 3 papers out, but also out of preference) is it just prestige that makes people go with pay-to-view journals? or are there other factors?