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Current Scientific Publishing Methods Problematic 154

A recent examination of current scientific publishing methods shows that they are problematic at best, treating the entire process like an economic system, with publishers as bidders at an auction, authors as sellers, and the community at large as consumers. "The authors then go on to discuss a variety of economic terms that they think apply to publishing, but the quality of the analogies varies quite a bit. It's easy to accept that the limited number of high-profile publishers act as an oligarchy and that they add value through branding. Some of the other links are significantly more tenuous. The authors argue that scientific research suffers from an uncertain valuation, but this would require that the consumers — the scientists — can't accurately judge what's significant. "
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Current Scientific Publishing Methods Problematic

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  • Huh? (Score:5, Funny)

    by Anonymous Coward on Monday October 13, 2008 @01:13PM (#25357881)

    What is wrong with the free market? When has it ever failed us?

    • Re:Huh? (Score:5, Informative)

      by Anonymous Coward on Monday October 13, 2008 @01:22PM (#25358041)

      When have we ever had free markets?

      It is tough to have a free market when there is a monopoly on the issuance of money controlled by a private cartel.

      If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.

      Thomas Jefferson

      • History check (Score:5, Informative)

        by DanOrc451 ( 1302609 ) on Monday October 13, 2008 @02:31PM (#25359085)

        I love Thomas Jefferson as much as the next American, but there are certain things you listen to him on and some things you don't. Civil liberties, the scope of government, certainly. The economy.... not so much.

        Jefferson wanted us to farm our way to victory. Here's some primary source stuff [historytools.org] on the subject for your edification/amusement.

        Just because he's a founding father doesn't make him a visionary on everything. See also: slavery.

        • by hengist ( 71116 )

          > I love Thomas Jefferson as much as the next American, but there are certain things you listen to him on and some things you don't.
          > Civil liberties, the scope of government, certainly

          I rather think the issuance of currency fits rather squarely within the scope of government and civil liberties.

        • Re: (Score:3, Interesting)

          Jefferson wanted us to farm our way to victory. Here's some primary source stuff on the subject for your edification/amusement.

          What is "farming"? More to the point, what was farming in the 1770's? In the 1700's the industrial revolution had not yet begun. In those days, wealth was still centered to a large degree around land. Jefferson has no other context in which to suggest goals people should strive for.

          But what was "farming"? Did he mean people should be wheat farmers, grain farmers, turnip farmers? Di

          • Re: (Score:3, Interesting)

            by DanOrc451 ( 1302609 )

            You raise an interesting and valid point. Certainly Jefferson would be aghast at what "farming" has become now to say the last. And while the Industrial Revolution proper hadn't happened, certainly Britain and the rest of the world had experienced factories. Jefferson was appalled at a supposed "moral decline" that accompanied such things.

            And certainly he would be more in favor of self employment, but there are many forms of self-employment that he would undoubtedly be dubious of to say the least. And

      • by Tom ( 822 )

        When have we ever had free markets?

        Ever since they were inventend.

        Oh, you meant like in the real world?

        Well, that's the trouble with textbook inventions: They don't translate 1:1 into the real world any more than mathematics does. Or have you ever seen an actual Bell Curve or met a Pythagoras Theorem for dinner?

        "Free Market" is an abstraction, simplification, model of description, whatever you want to name it. Expecting to encounter an actual one in the real world is delusional.

    • by bob_herrick ( 784633 ) on Monday October 13, 2008 @04:04PM (#25360411)

      What is wrong with the free market? When has it ever failed us?

      A softball question. One simple example of the failure of the market is the apparent inability of science publishers, particularly in the pharma area, to publish so-called negative results or to spin negative results as if they are postive. In epidemiology and in pharmacology, negative results are at least as important as postive ones ("first, do no harm"). Yet, the greater economic forces of pharmaceutical sales (and nutricutical sales, and outright woo sales) incent the supression, or simple failure to publish, of such findings in pernicious ways. Check out Ben Goldacre's site (and buy his book while you are there) [badscience.net]. Tucked away among various rants against, among other things, media coverage of medicine, you will find several discussions about this very phenomonon, and why it is so incredibly bad.

  • Vickrey Auctions (Score:3, Interesting)

    by eldavojohn ( 898314 ) * <eldavojohn@noSpAM.gmail.com> on Monday October 13, 2008 @01:19PM (#25357983) Journal

    A recent examination of current scientific publishing methods show that it is problematic at best. Treating the entire process like an economic system, with publishers as bidders at an auction, authors as sellers, and the community at large as consumers.

    Agreed. I think we need to switch this whole process to Vickrey Auctions [wikipedia.org]. Then you can explain to the authors of the papers that they will receive $75 for their paper instead of $100 because whoever bid $100 was gaming the system. Why is it suddenly so popular to turn everything possible into an auction system with 75 different flavors of said auction system?

    • Re: (Score:3, Interesting)

      Despite the summary, authors aren't literally like sellers at an auction. They don't receive any money for their papers. For journals with page charges they have to pay to publish!

      Publishers are only "bidders" in the sense that they are competing to have the best papers published in their journals. But they don't compete monetarily — as I said, they don't pay authors. They compete through prestige: authors (often) want their papers to be published in the most famous, widely read, influential jour

  • by eldavojohn ( 898314 ) * <eldavojohn@noSpAM.gmail.com> on Monday October 13, 2008 @01:21PM (#25358021) Journal

    publishers as bidders at an auction, authors as sellers, and the community at large as consumers

    Hmmm, there's some term I'm thinking of that deals with people in the middle of the source and the destination that take money for acting as men in the middle when they're not doing anything or providing any service except being in the middle of the transaction. Also, it's beneficial to the sellers & the consumers to eliminate these people. I think they're called 'rich greedy bastards.'

    Seriously, hosting a document for me to view doesn't cost $100/mo. so why are you trying to charge me that? I know it's primarily physics but if any other field wanted to pull their heads out of their asses, they would leave the journals to the professors and start up something like arxiv [arxiv.org] for the rest of humanity that can't afford an outrageous premium!

    • by Chaos Incarnate ( 772793 ) on Monday October 13, 2008 @01:30PM (#25358165) Homepage

      Seriously, hosting a document for me to view doesn't cost $100/mo. so why are you trying to charge me that?

      So they don't devalue the print versions, which is where they make all their cash.

      • by xplenumx ( 703804 ) on Monday October 13, 2008 @02:02PM (#25358715)
        I'm not convinced that this is true. The only people (besides the library) that receive print publications receive them as a part of their professional membership fees (or as part of a training grant). Most scientists, myself included, simply rely on the email TOC (which we receive much sooner than the hard copy) or go to the websites directly. I suspect that most journals 'make their cash' from institutional subscriptions, professional fees (in the case of Blood), and/or publishing fees.
      • Seriously, hosting a document for me to view doesn't cost $100/mo. so why are you trying to charge me that?

        So they don't devalue the print versions, which is where they make all their cash.

        Nice try, try this instead - "so they can still do review (peer as well) - checking for quality comes at a price"

        Unless, of course, you want the serious articles mixed in with the perpetual motion machine descriptions...

        • Seriously, hosting a document for me to view doesn't cost $100/mo. so why are you trying to charge me that?

          So they don't devalue the print versions, which is where they make all their cash.

          Nice try, try this instead - "so they can still do review (peer as well) - checking for quality comes at a price" Unless, of course, you want the serious articles mixed in with the perpetual motion machine descriptions...

          Nice try, but reviewers are generally not paid.

          I have been a peer reviewer on a few occasions, and there was never any mention of payment (those journals aren't the type to have t-shirts or mugs on offer either). Peer review is a duty undertaken as a matter of professional responsibility.

          The journals administer the peer reviewing procedure. On occasion they must interpret the dialog between the article's authors and the anonymous reviewers. Usually there is no need, of course, as the authors sort out whatev

    • Re: (Score:3, Informative)

      by Hatta ( 162192 )

      Thankfully, the NIH has seen the light and now requires that all papers funded by NIH grants are deposited in the open access PubMed Central [nih.gov]. So now biologists can get in on the open access fun.

    • by Relic of the Future ( 118669 ) <dales AT digitalfreaks DOT org> on Monday October 13, 2008 @01:37PM (#25358305)
      Amen to that! It looks like the best "value added" this pro-publisher piece could come up with was "We add value through branding".

      Scientific journal publishers are surviving on one thing alone: inertia. And while it makes me sad to see the RIAA try to pull culture with it to its grave, it makes me *furious* to see these groups trying to pull science down with them.

      Scientist do the writing, the editing, the peer-review, the *typesetting*... and then turn over the rights to their work for the privledge of paying up to $3,000 per seat to access it. When disseminating information was expensive, this made sense, but now... not so much. But like produces of shiny plastic discs, they'll pervert the laws for years to come to try to buy a few more years of life.

    • Re: (Score:3, Insightful)

      by DrLang21 ( 900992 )
      Publishers serve as "unbiased" (yeah I know that's debatable) forums for peer review of scientific journalism and create centralized repositories that make finding articles a lot easier. They are hardly a middle man that adds no value. With that said, charging unsubscribed users $29 for a single four to six page article before they can even know if it will be useful is outrageous.
      • Re: (Score:3, Interesting)

        by nasor ( 690345 )
        1. The actual peer review is done by other scientists for free, not by the publishers.

        2. Most publications actually require the author to suggest who should peer review it, so the publisher usually doesn't even have to work to figure out who should review what.
        • I don't know about publishers asking for who should review your work. In my experience, the publishers I have worked with ask who should not peer review the article. But this may vary from journal to journal. The publishers organize the peer review even though the reviewers work for free. It would be questionable if it wasn't an independent party selecting or organizing the review.
        • 1. The actual peer review is done by other scientists for free, not by the publishers.

          Indeed. I can vouch for this as I have been a reviewer on a few occasions.

          2. Most publications actually require the author to suggest who should peer review it, so the publisher usually doesn't even have to work to figure out who should review what.

          Not exactly. Journal editors usually have a good idea of who has recently worked in the same field, as many of them may have submitted articles to the same journal. However, if the article is in a field which is not frequently published in their journal, they may ask for a few names of experts in the field who could suggest suitable reviewers who would not be biased. The reviewers should not be friends, colleagues, or enemies of the a

    • Re: (Score:2, Informative)

      by Convector ( 897502 )
      I agree those kind of fees are ridiculous. With a bit more effort, you can often work around that. Most scientists will post their own papers to a personal website for free (The copyright agreement with the publisher typically allows this). If the author has no such site, they will still provide the paper in response to an email request. The authors want you to read their work, and don't care if you pay for it or not, since they see none of the money in any case. What I think is truly wretched is that
    • If you are fortunate enough to live in a big city, your public library will probably grant you access to a lot of scientific literature for free. The New York City public library carries various journals, although there is one specific branch where those may be accessed.

      Really though, I agree with you. The general public, beyond big cities, should have unfettered access to scientific literature.
  • by slashdotlurker ( 1113853 ) on Monday October 13, 2008 @01:32PM (#25358187)
    There are things that you can run like a business, and there are things that you cannot. Without meaning to be political about it, look at what 8 years of running the country like a business with an MBA at the top has got us.
    I have not read the article. If the summary is accurate reflection of the authors' point about this, then it is at once misguided, and foolhardy. The purpose of business in a modern capitalist economy is to produce goods at low prices that the consumers can afford, generate enough profit to please the shareholders and to set aside enough money to do research to develop the goods and services to increase these profits and consumer good down the road. Sure, businesses cannot be left alone to do what they wish and government regulations limit unchecked profit-mongering, but the primary purpose of businesses is to establish a market share and earn profit for the shareholders.
    Contrast this with the purpose of scientific research. The purpose varies from gaining a more accurate understanding of physical, chemical and biological phenomena to leveraging these phenomena into processes and contraptions that improve the quality of human life (where you lie on this spectrum depends on how pure/fundamental or applied your area of research is). The only shareholders in this process are the authors of scientific work, and their reward varies from just scientific renown to funding for future research or even commercialization of the fruits of their research. However, to achieve the most progress, scientific research tends to be 'open source', in the sense that anyone capable of understanding, and with financial resources to buy access to the journals (if the work is not presented in the growing number of free journals online) can read not only what was done, but also how it was done (something commercial concerns never reveal).
    Of course, scientific journals are often run like a business (at least successful and well-renowned ones), but to extend these ideas to the actual business of carrying out research is utterly misguided. The goals of business (from a businessman's pov) and science (from a scientist's pov) are very different. The authors might as well apply these ideas to conduct of a military for all the relevance it has.
    There are a host of other objections to such treatment as well, but I will pause here as people know what they are.
    • Re: (Score:3, Informative)

      by Kintanon ( 65528 )

      Do any of you idiots who say this actually know the root cause of the current financial implosion?
      It's a damned housing bill from the early 90s (Clinton years) which forced lenders to offer mortgages to lower income minorities whether they could afford those mortgages or not. That compulsion spawned huge growth in the housing market and an entire industry built around buying and selling those mortgages and the associated real-estate as well as cashing in on the inflated housing prices caused by the increase

      • by blair1q ( 305137 )

        False. Housing for the poor did not cause $700 billion in bad decisions by the rich.

        1992 was not the last time legislation related to mortgages and financial-comapany regulations was considered by the Congress.

        Please reset your brain and try again.

  • by einer ( 459199 ) on Monday October 13, 2008 @01:32PM (#25358215) Journal

    Why don't they just start their own wiki? I would find a great deal of value in a wiki moderated by a team of reputable scientists that published their findings to the great peer review workflow.

  • Blame Google? (Score:2, Insightful)

    by Anonymous Coward

    They could do more to help. At $15-25 a read most scientific papers are beyond the means of ordinary folks. Even if you are at a university or institute that subscribes to some journals the chances of getting what you want if you're casually browsing across disciplines (from which many great creative insights come) is slim.

    I think the search engines contribute to this problem because the search algorithms do not take account of availability. Search for any specialist subject and you will see the first 10 pa

  • I can see it. (Score:3, Interesting)

    by Thrackmoor ( 1274936 ) on Monday October 13, 2008 @01:35PM (#25358261)
    As a scientist who has published work in a few journals, I know that the process is arcane and fraught with peril. There are publishers who have axes to grind and it sometimes keeps good information out of the scientific discourse. Of course, I can't offer a real solution because all peer-reviewed journals involve humans with all of our attendant weaknesses.
  • wrong model ? (Score:3, Interesting)

    by Tom ( 822 ) on Monday October 13, 2008 @01:55PM (#25358593) Homepage Journal

    The authors then go on to discuss a variety of economic terms that they think apply to publishing

    Which is probably the most problematic point.

    While even in the current crisis "market models" are still hip, they don't give the answers to all questions. A scientific conclusion that starts with "if X were a market" must question, among all the other validations, the "if" part as well.

    And while economy provides interesting theories that are helpful in many cases - just like evolution, it does not fit everywhere. So the very first thing that would've to be established is that the model fits.

    In this case, I've not seen enough of that, so any conclusions drawn are meaningless until then.

    • In theory it could be a market. But I think the main problem is it has too many externalities. For example, the primary motive for the author (i.e. a better reputation through publishing) is a classic externality.

      In theory that could all be internalized (and I hope they do so in the article), so it's not hopeless. But I agree that there are many traps in doing that internalization.

  • Current Scientific Method Problematic? For like 2 seconds or so my jaw fell off my face.
  • pot, meet kettle (Score:4, Interesting)

    by Goldsmith ( 561202 ) on Monday October 13, 2008 @01:58PM (#25358643)

    Is this serious, or just push back from economists who are upset that a number of papers and editorials have recently appeared in high profile scientific journals questioning the description of economics as science? Allegories, for example, are not scientific.

  • by Vornzog ( 409419 ) on Monday October 13, 2008 @02:06PM (#25358757)

    Instead of claiming that the whole system is broken, just fix the breakdowns in the current system.

    The authors argue that scientific research suffers from an uncertain valuation, but this would require that the consumers â" the scientists â" can't accurately judge what's significant.

    Any given paper does suffer from 'uncertain valuation', but uncertain doesn't mean the consumers have no clue.

    Consider the impact factor of the journal to which the paper was submitted, the reputation of the author, the actual evidence that has been presented in the paper, the fact that the paper has undergone peer review, and what impact the paper would have its claims were to have merit.

    In combination, these factors allow better papers to tend to float to the surface. This is fairly typical of a market.

    Most fields have decent market regulation built-in, in the form of peer review and independent verification of results.

    Politically charged fields (global warming) tend toward unregulated market behavior. Papers are no longer selected based on scientific merit, but instead on hype/scare factor. This makes the value of a paper much more uncertain, and leads to a nasty failure mode (see the current world economy).

    There are models that do not have such nasty failure modes (or at least have very different failure modes). Usually, these also fail to produce such good results in the common case.

    I dislike the current scientific publishing system because the publishers tend to be paid by both the author and the consumer, and can generally force the author to relinquish copyright. However, the quality of the system seems to me to be far better than this article supposes.

  • by diraceq ( 1336599 ) on Monday October 13, 2008 @02:11PM (#25358819)

    I'm a grad student in the natural sciences. Some other friends of mine and I started Labmeeting.com [labmeeting.com] because we are so eager to help change the way science gets published.

    The current system of peer review is inefficient, arbitrary, and hidden from public view. We definitely need something new, but, as we said in our talk [blogspot.com] at BioBarCamp a while back, change needs to be gradual enough to preserve consensus.

    That's why we're starting by just trying to make research tools that are useful to scientists in their everyday professional lives.

  • Putt's Law (Score:3, Insightful)

    by Moof123 ( 1292134 ) on Monday October 13, 2008 @02:18PM (#25358945)

    Due to the publish or perish mindset at universities, scientific authors must be prolific. Putt's Law (good book) lampoons this quite well, roughly akin to an Amway style ponzi scheme. Sharing new knowledge with the larger community is no longer among any of the major motives for cranking out papers. Frankly the system punishes those who would compile and distill the huge number of obtuse and often stupid articles into a useable form for us rank and file engineers. Such useful efforts are not "new and novel", despite what would be a great service for those of us doomed to wade through the stacks and stacks of crap papers written in acadamia-ese.

    In my job, a hardware design engineer, I find that most of the modern papers are indecipherable and irrelevant at best. Only occasional gems make it through and actually apply to my day job (of designing state of the art T&M hardware). By contrast, the old journals from the 70's and 80's easily have a 10:1 better signal to noise ratio, despite their dated nature.

  • by Ichoran ( 106539 ) on Monday October 13, 2008 @02:23PM (#25359001)

    That this article got published in PLOS Medicine is a data point saying that the publication model for PLOS Medicine is flawed. That's about it.

    The authors don't bother to back up any of their assertions. If there is a winner effect, for example, the most prestigious journals should have the highest rate of publication of junk results, whereas lower-ranked journals should be more accurate. So, is this true? Did the authors bother to look, or even to think about and discuss it?

    Also, does "overpayment" correspond to "poor quality science" or to "only slightly more cool than the rejected paper, on second thought"?

    Now, it is more true in the medical sciences that positive results are published that claim to show p0.05, but are one of a dozen similar studies 11 of which have not shown an effect (i.e. overall there was no significant finding). But this recognition has nothing to do with bidding per se; it's not that the journals are picking the high tail of a distribution of value so much as that they're seeking statistical significance without controlling for the number of times that the study was done.

    And as the summary says (which is actually better than the research article itself, IMO), there are a number of other problems.

    There are certainly ways that one might seek to improve scientific publishing. But this seems almost entirely off target and/or ill-supported to me.

    • Did you look at the originating article Here [plosjournals.org]? Looks like they are backing up what they are saying. I'm not to fond or familiar with an 'open-access article' as I think it could lead to distorting the facts, but I'll be open minded, for now.
      • by Ichoran ( 106539 )

        Yes, I did, and I didn't see any "backing up". They back up the non-controversial claims they make by citing papers that demonstrated the same thing, but they add basically nothing on their own.

        For example, the "Oligopoly" section points gives data on publication in high-profile journals, but the data does not include any metrics that might be relevant to their claims about specific and possibly non-obvious negative effects such as the Winner Effect. They reference herding in economics, and cite a paper o

        • I see your point. After re-reading the article and skimming the papers they cited, you are very much correct, the papers do not fully support there claims as they should. If I could I'd mod you up.
  • by WillAffleckUW ( 858324 ) on Monday October 13, 2008 @03:02PM (#25359541) Homepage Journal

    One of the major problems with scientific journals and the peer review process is that we have a positive bias for publication, in that you are much more likely to be published if your study has positive results than if it has - equally valid so as not to have everybody else keep doing the same thing and failing - negative results.

    Half of getting into Science and Nature is politics, not science.

    And just TRY to get something published about improved methodology in statistics for genetics studies ... hah! You have to publish in obscure journals or start your own self-publishing annual or biannual workshop and then attach it to a positive study to get it out there.

  • the quality of the analogies varies quite a bit.

    Did they try saying how it is like a car?

  • From TOA:

    A paper that was published in the open access journal PLoS Medicine has now examined scientific publishing using economic concepts and concluded that the way things are done now is inevitably problematic.

    Seems a bit of a conflict of interest here. Of course the open-access journals are going to suggest that "the way things are done now" --i.e., traditional journals-- are "oligarchic" and "distort science".

  • ... to know which way the wind blows.

    You do, however, need a working and publishing scientist, myself among many here, to be able to tell you TFA is wrong in that it's not right enough, and confusing in that it's a ridiculous metaphor being used where facts would suffice. Furthermore, there are more problems in the process than they don't even touch on. One that comes to mind, and certainly should have to an economics viewpoint on the subject, is the effect of research grants on the production of and bias c

  • by kocsonya ( 141716 ) on Monday October 13, 2008 @05:21PM (#25361571)

    "... treating the entire process like an economic system, with publishers as bidders at an auction, authors as sellers, and the community at large as consumers."

    Not really, not at least in biomed papers.
    With those the scientist actually *pays* the publisher to print the article. A paper, especially if it contains colour images (microscopic slides, colourful graphs etc) can set you back by several thousand dollars. That's why there's a little disclaimer under each article that states that since the author paid for the publication, the article legally is paid advertisement.

    So no, the authors are not sellers. Only the publishers are the sellers, selling article space to the scientists, advertisement space to corporations and the end result back to scientists. The scientists who publish don't even get the complimentary free copy, although as an author, you can ask them to send you the PDF that you sent them in the first place; now this service is free. On the other hand, if you want the whole magazine on your bookshelf, fork out $200 for a single issue.

    It is a wonderful business model:

    - Get the article from scientist (free)
    - Send it to other scientists for peer review (free)
    - Accept it and charge the author (income)
    - Sell the advertisement space, at least 50% of the mag (income)
    - Print the mag (expense)
    - Sell the mag *way* above production/distribution cost (income)
    - Keep the copyright to every article so that the author can't republish it without paying you (possible income)
    - Profit!!!

    The Underpants Gnomes had no clue about business...

    Plus there are further tricks - if you manage to bribe the execs of some research association so that membership in the assocation also means a compulsory subscription to your periodical, then the customer base is guaranteed. Of course it is usually sold as "we had to increase our membership fee, but now membership also includes a complimentary subscription to magazine X". This of course increases your readership, making your ranking higher among the sci mag list.

    Ah, yes. Chances are that the money they take from the scientist is public money from some research grant. Yet the copyright to the article belongs to the publisher, a private organisation that actually has very little to do with scientific research and everything to do with making profit. That's clever! Even better, that when research grants are awarded, they check your publication record. If you published your articles on the Web, that is worth exactly nothing. Publishing a handful of articles in a couple of those high-ranking expensive publications significantly increases your chance to get a grant, so that you can publish some more...

    Imagine if the **AA could find a way to implement this! Every musician and actor paying them to be included on a CD or in a film, plus selling ads even smack in the middle of a CD (music stops, someone screams about the advantages of washing powder X, music continues) and making it compulsory that members of any civil organisation buy a certain number of CDs or DVDs every month. Those Hollywood dudes know diddly squat about making profit.

  • The authors argue that this situation makes the publishers, as they try to attract the hottest research to their pages, in a position analogous to bidders at an auction, and the authors analogous to sellers.

    That's just not how it works. There are two classes of papers:
    1. Papers that everyone knows will be valuable because they are made by the big names in the field. The author can choose where to publish, but in reality nothing like an auction happens. Those are uncommon.
    2. Papers by new and relatively unknown people. Those make up the majority of papers. In this case it's the authors who try to publish in the best journal possible. High IF journal = more citations = more recognition.

    If I were to make a compar

  • The article refers to a further article that postulates an economic model to describe how researchers, their articles, publishers, and the public interact.

    Nevermind the results that emerge once one accepts the model as true. The real trick is finding the right model.

    The model that's used in the article starts with a lot of assumptions.

    Starting with the one that scientific articles are a commodity. Now one aspect of commodities is that they have a price, and that the value of X grams of gold is the sam

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