Incentivizing Peer Review: The Last Obstacle for Open Access Science

Academia.edu is a key player in the movement toward open access scientific publishing, with over 11 million participants who have uploaded nearly 3 million scientific papers to the site. It's easy to understand Price's frustration with the current model, in which academics donate their time to review articles, pay for the right to publish articles, and pay for access to articles. According to Price, journals charge an average of $4000 per article: $1500 for production costs (reformatting, designing), $1500 to orchestrate peer review