Whoopie. Find a better system than peer review. We'd all like
to hear about it.
>By the time they complete the doctorate, most economists know (but
>some are seemingly quick to forget) that achieving a Paretian optimum
>requires meeting all of the optimal conditions simultaneously.
>Although it is still possible to reach optimality in a subset of
>conditions in a partially constrained system, it is generally (as in
>'always') no longer desirable to do so, so that the attainment of
>second best implies departure from all of the Paretian conditions.
>Once you do that, there is no a priori way to determine whether
>meeting a particular constraint or subset of constraints will increase
>welfare, decrease it, or leave it unchanged. In economics, this is
>known as the General Theorem of Second Best (Lipsey and Lancaster, The
>Review of Economic Studies, 1956-57). By implication, posting the link
>to the petition should be interpreted as an expression of my
>preference not to pay twice for the same work.
>Although I did not find your counter arguments persuasive, and it is
>counterintuitive to think that paying twice for the same work is in my
>interest, that intuition may be wrong (and, by the way for much the
>same reason that the system resists unbundling the journal
>subscriptions--to drive up the price).
I do not believe that I gave any counter-arguments in favor of
the present system except to repeat what some of the for-profit
publishers say.
I do not know why you imply that I am in favor of the current
system.
>Along with defense/police,
>education, infrastructure, pensions, and healthcare, underinvestment
>in research is one of the primary forms of market failure ex ante.
That's your opinion. I happen to agree with it. Most lawmakers,
especially Republicans, do not agree with it. They would claim
that if it was important, the market would take care of it.
>Consequently, however counterintuitive it may seem, under the
>prevailing conditions it may be in my interest to pay through the nose
>for research I think I want in order to subsidize research I think I
>don't want, or don't know about.
Research cannot easily be dictated by anyone. Right now the
availabiity of money for biomedical research has pushed many
people into doing research involving biomedical terms, even if
what they are doing isn't related to that at all.
>On the other hand, I also object to the prevailing conditions; I think
>all peer-reviewed research and a good deal of research that is
>currently held in the form of state sponsored, proprietary monopoly
>should be freely available in both digital and permanently archived
>print formats.
I'll generally agree with that.
>In addition, I think we should have many, many more
>citation-based prizes for research subsequently found to have been
>seminal or important.
Citation based metrics are known to not work. The reasons are
complex but two of them are that the most fundamental papers
are often not recognized as fundamental for a long time after
they are written. Consider Hugh Everett, who in 1957 proposed
what is now called the "Many Worlds" interpretation of quantum
mechanics that is only now being widely discussed.
The other reason is, strangely, fashion. It becomes fashionable
to quote certain researchers, even though their work is not
necessarily worthy of that much attention.
>As in all forms of market failure, but
>particularly in research, it is not possible to contract optimally ex
>ante. Achieving second best will require active, collective
>intervention. Personally, I think that avoiding a huge future die-off
>will require the widest possible dissemination of our good ideas,
>data, and research methods.
Too late to avoid the huge future die-off in the US. As long
as subjects such as relativity, quantum mechanics, and evolution
are taboo in many regions, we are on our way to becoming the
richest third world nation in history.
The journal problem comes up now not for any theoretical reasons, but
simply because library funding is being cut drastically. Without going
into the details that means that money for journal subscriptions in much
less than it was. And so libraries are cutting subscriptions to "little
used" journals.
That pressure has led many to question the propriety of for profit
institutions charging what many feel are out of line prices for
journals.
Hence the pressure being brought by many scientists to get the system
changed. Pressure on congress to require open publication is but
one aspect of it.