RE: Open Access pricing and the perceived ability of research grants to cover publication costs

[Kent Mulliner <mulliner@ohio.edu>]

Reinforcing David's comment, I highly recommend the new book, JSTOR: A
History by Roger C. Schonfeld (Princeton U.Press, 2003) which emphasizes
how JSTOR has built such an endowment into its business plan.

Kent Mulliner       Collection Development Coordinator
Ohio University Libraries                       PHONE:  740-593-2707
Athens, OH 45701-2978, USA      FAX:    740-593-2692
mulliner@ohio.edu

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At 10:35 AM 8/17/2003 -0400, David Goodman wrote:
>It would seem obvious from basic economics that a present sum of money
>could be used to provide an endowment for preservation. I am aware of at
>least one learned society which is doing just that.  The questions of how
>much need to be spent, and how to predict future costs are nonetheless
>real.
>
>It should also be obvious that under the current model, though publishers
>could increase prices to cover such expenses, there is no assurance either
>that they would do so, or that the price would be paid. It might be safer
>to allocate the money in advance. .