Reforming the Scholarly Communication of Mathematics and Statistics: Project Euclid and its Economic Model

1
Reforming the Scholarly Communication of
Mathematics and StatisticsProject Euclid and
its Economic Model

• Zsuzsa Koltay
• As told by Jean Poland

2
Mission

• To advance the cause of effective and affordable
  scholarly communication for theoretical and
  applied mathematics and statistics

3
Math Journals Unique Field

• Lots of journals and publishers
• 3 out of 5 core journals are independent
• No huge market potential
• TeX
• Traditional values

4
Independent Journals

• High quality
• Key to affordability
• Not online or online on a shoestring
• Major concerns are financial
• Cant afford to pay attention to user and
  longevity issues

5
Our Vision

• Vibrant online information community
• Fast dissemination of high-quality papers
• Searching across all journals at once
• Rich reference linking
• Affordable balance of commercial, society and
  independent publications
• Better visibility for independent journals
• Long-term preservation

6
Project Euclid provides

• Repository based on OAI convention
• Enabling infrastructure for do-it-yourself
  online publishing
• Reference linking
• Toolkit for editors
• E-journals

7
Funding and Partnerships

• Joint development by Cornell University Library
  and Duke University Press
• Funded by the Andrew W. Mellon Foundation
• Aided by development partners
• SPARC partner
• Supported by scholarly societies
• Sun Microsystems, Inc.

8
Timetable

• Production delivery of development partner
  journals summer 2001
• Recruit charter members in 2002
• Editorial toolkit in 2002
• Funded through December 2002
• Full cost recovery phase starts in 2003

9
Economic Model

• Bundle vs. fee-for-service
• Need for flexibility
• Combination model

10
Publisher Option A

• No expense to publisher
• Project Euclid maintains all
• Subscription revenues in pool

11
Publisher Option B

• Publisher pays Project Euclid
• Project Euclid maintains all files
• Deducts declining commission

12
Publisher Option C

• Publisher pays annual fee
• Project Euclid maintains site
• Publisher markets, receives revenue

13
Library Options

• Publisher Option A journals are an aggregation
• Can select additional from Option B
• Option C not in package

14

• Advances in Applied Probability 2000 -
• Annals of Mathematics 2002
• The Annals of Applied Probability 2000
• The Annals of Probability 1999
• The Annals of Statistics 1999
• Canadian Applied Mathematics Quarterly 2000
• Duke Mathematical Journal 2001
• Experimental Mathematics 2001
• Journal of Applied Probability 2000
• Journal of Integral Equations and Applications
  2000
• The Michigan Mathematical Journal 2001
• Natural Resource Modeling 2001
• Notre Dame Journal of Formal Logic 1999
• Rocky Mountain Journal of Mathematics 2000
• Statistical Science 1999

15
http//ProjectEuclid.org