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Kim: Advocating Open Access

With the advent of the Internet, several peer-review journals have adopted the call for open access. One of biggest open access journals is the Public Library of Science, an online, nonprofit publisher and advocacy organization founded to accelerate progress in science. While the project charges a slightly higher publication fee to cover peer review management, journal production and online hosting, PLoS makes its articles free to read, distribute and reuse. In addition, the organization accepts all papers that demonstrate scientific rigor, rather than placing an artificial cap, which allow more scientific knowledge to be generated and circulated.
   
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Americans Still Prefer Traditional Books, Despite Growth in E-Books

Many readers across multiple generations continue to read traditional books, mass-market, paperback, and hardcover. The catch is that the readers are also reading e-books too, creating a literary environment of ink and pixels coexisting in a hybrid literary culture. Electronic versions of many books are available online. Some works in the public domain may even be downloaded for free from places like iBooks and Amazon. Electronic books are also available on a large variety of devices from smartphones to e-readers and tablets to laptops. Yet, the majority of people still like the feeling of a physical book in the hands. This is good news for the publishing industry.
   
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Predictive Modeling with Big Data: Is Bigger Really Better?

Too much information can be overwhelming, but when it comes to certain types of data that are used to build predictive models to guide decision making there is no such thing as too much data. To determine whether more data is really better for predictive modeling, Enric Junqué de Fortuny and David Martens, University of Antwerp, Belgium, and Foster Provost, New York University, NY, tested nine different applications in which they built models using a particular type of data called fine-grained data, such as observing an individual's behavior in a certain setting. In this article the authors state that "certain telling behaviors may not be observed in sufficient numbers without massive data."
   
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Online public debate about research is thriving, but we need to stay alert to the dangers of simplification

Summarising a recent session on new trends in disseminating economics research, Diane Coyle looks at how researchers are influencing policy. The landscape of public debate has changed enormously, and blogs in particular have come to play a highly influential role. But responsibility must be taken for how public debate influences policy decision-making. It is intrinsically hard to demonstrate 'impact' on outcomes, and economists and other social scientists need to stay alert to the danger of simplification.
   
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Economics of Scholarly Communication in Transition

Academic library budgets are the primary source of revenue for scholarly journal publishing. There is more than enough money in the budgets of academic libraries to fund a fully open access scholarly journal publishing system. Seeking efficiencies, such as a reasonable average cost per article, will be key to a successful transition. This article presents macro level economic data and analysis illustrating the key factors and potential for cost savings.
   
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