Article Processing Charge Hyperinflation and Price Insensitivity: An Open Access Sequel to the Serials Crisis

  title={Article Processing Charge Hyperinflation and Price Insensitivity: An Open Access Sequel to the Serials Crisis},
  author={Shaun Yon-Seng Khoo},
  journal={LIBER Quarterly: The Journal of the Association of European Research Libraries},
  • S. Khoo
  • Published 9 May 2019
  • Economics
  • LIBER Quarterly: The Journal of the Association of European Research Libraries
Open access publishing has frequently been proposed as a solution to the serials crisis, which involved unsustainable budgetary pressures on libraries due to hyperinflation of subscription costs. The majority of open access articles are published in a minority of journals that levy article processing charges (APCs) paid by authors or their institutions upon acceptance. Increases in APCs is proceeding at a rate three times that which would be expected if APCs were indexed according to inflation… 

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