This article shows which business model is the best for scholarly journals. There are two types of business models that scholars may prefer: Author-Pays or Reader-Pays model. The result differs depending on the major players in the market and the distribution costs. For commercial publishers, they prefer the Reader-Pays model, but librarians support the Author-Pays model. Non-profit publishers use both models. In terms of economic analysis, when distribution costs are close to zero, Author-Pays model is economically efficient. That is, Author-Pays maximizes the total benefits for authors and readers.
According to this article, there are two types of business models for scholarly journals. One is the traditional (or we can say it ‘Reader Pays’) model and another is the Open Access (‘Author Pays’) model. Commercial publishers advocate the Reader-Pays business model. because the Author-Pays model gives publishers much less market power. And the expansion of OA means the entry of any competitor, too. But some people are not against OA model. Librarians support it. In conclusion, when distribution costs are negligible, OA maximizes the total benefits for authors and readers and for society as a whole. And it may be more efficient than Reader-Pays.
Hwa-young: This is great even though you weren't assigned to this website! Great explanation of the economic benefits and its efficiency as a model.
Jeong Ae: This is really good but a bit "talky." For example, starting sentences with And, But, or So. Also, your use of "In Conclusion" and a final sentence of "And" is confusing. The first segue is very formal, then you follow it with an inform sentence starting with "and." Instead you could have combined some sentences for a more complex approach.
Revision suggestions: JA: And the expansion of OA means the entry of any competitor, too. But some people are not against OA model. Librarians support it.
Revised: The expansion of OA allows entry of any competitor; some people, such as librarians, support it.
3 comments:
This article shows which business model is the best for scholarly journals. There are two types of business models that scholars may prefer: Author-Pays or Reader-Pays model. The result differs depending on the major players in the market and the distribution costs. For commercial publishers, they prefer the Reader-Pays model, but librarians support the Author-Pays model. Non-profit publishers use both models. In terms of economic analysis, when distribution costs are close to zero, Author-Pays model is economically efficient. That is, Author-Pays maximizes the total benefits for authors and readers.
According to this article, there are two types of business models for scholarly journals. One is the traditional (or we can say it ‘Reader Pays’) model and another is the Open Access (‘Author Pays’) model. Commercial publishers advocate the Reader-Pays business model. because the Author-Pays model gives publishers much less market power. And the expansion of OA means the entry of any competitor, too. But some people are not against OA model. Librarians support it. In conclusion, when distribution costs are negligible, OA maximizes the total benefits for authors and readers and for society as a whole. And it may be more efficient than Reader-Pays.
Hwa-young:
This is great even though you weren't assigned to this website! Great explanation of the economic benefits and its efficiency as a model.
Jeong Ae:
This is really good but a bit "talky." For example, starting sentences with And, But, or So. Also, your use of "In Conclusion" and a final sentence of "And" is confusing. The first segue is very formal, then you follow it with an inform sentence starting with "and." Instead you could have combined some sentences for a more complex approach.
Revision suggestions:
JA: And the expansion of OA means the entry of any competitor, too. But some people are not against OA model. Librarians support it.
Revised: The expansion of OA allows entry of any competitor; some people, such as librarians, support it.
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