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Model

 A new monetary mannequin for the evaluation of scholarly publishing – journal publishing in precise – is proposed that attracts on membership theory. The wellknown method builds on market failure in the non-public manufacturing (by lookup scholars) of a public exact (new scholarly knowledge). In this model, publishing is communication, as the dissemination of information. But a membership mannequin views publishing differently: specifically as team formation, the place individuals structure organizations in order to confer externalities on every other, situation to congestion. A journal is a self-constituted group, endeavouring to create new knowledge. In this sense, a journal is a club. The expertise membership mannequin of a journal seeks to stability the nice externalities of a shared aid (readers, citations, referees) in opposition to the bad externalities of crowding (decreased prospect of publishing in that journal). A new financial mannequin of a journal as a information membership is elaborated. We advise some penalties for the administration of journals and monetary fashions that may be developed to aid them.

 

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