3

scholarly journals.jpgFrom the abstract:

Journal literature has long played a prominent role in the scholarly communication chain. In recent decades, however, the scholarly communication system has been facing a crisis due to the ever-escalating costs of journals. This paper examines the reasons for the high costs of scholarly journals. … Two of the features of the journal publishing industry cited a decade ago and still valid today are a “lack of competition” and “perverse incentives.” The “first-copy cost” is reported to be the main reason for high journal prices both in print and electronic publishing

For more information take a look here at Resource Shelf.

 
3