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Comment Re:How to fund the structure of legitimate review? (Score 1) 92

A colleague of mine is involved in a small non-profit journal, and he figures he needs to charge less than half of what the mainstream journals do in order to cover his costs. Considering that the big journals will benefit from a substantially larger subscription/content ratio, they really are making out like bandits.
Bandits is way too generous.
I've worked for two of the top three publishers on earth, and I suspect that your colleague could charge 1/10th of what a major publisher would charge and still recover the costs for a well paid staff.
My only point was that some money will need to change hands in order to support professional peer review. The costs aren't the costs of reviewers, they are articulation costs (see CSCW literature) associated with coordination, communication, etc. ow42

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