Scholarly Associations and the Economic Viability of Open Access Publishing

Scholarly Associations and the Economic Viability of Open Access Publishing
A nice analysis of the economics of open access publication for academic societies. As the author notes, the bulk of income for these societies is derived from journal subscriptions, so at first glance they would take a significant hit were fees to be waived. But for many societies (probably the majority), the cost of publishing the journal exceeds subscription revenues, and so the publication is in general a drain on revenue from mebers' fees. More...