IATUL – June 3, 2002 Reforming the Scholarly Communication of Mathematics and Statistics: Project Euclid and its Economic Model Zsuzsa Koltay As told by Jean Poland

IATUL – June 3, 2002 Mission To advance the cause of effective and affordable scholarly communication for theoretical and applied mathematics and statistics

IATUL – June 3, 2002 Math Journals: Unique Field Lots of journals and publishers 3 out of 5 core journals are “independent” No huge market potential TeX Traditional values

IATUL – June 3, 2002 Independent Journals High quality Key to affordability Not online or online on a shoestring Major concerns are financial Can’t afford to pay attention to user and longevity issues

IATUL – June 3, 2002 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

IATUL – June 3, 2002 Project Euclid provides Repository based on OAI convention Enabling infrastructure for “do-it-yourself” online publishing Reference linking Toolkit for editors E-journals

IATUL – June 3, 2002 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.

IATUL – June 3, 2002 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

IATUL – June 3, 2002 Economic Model Bundle vs. fee-for-service Need for flexibility Combination model

IATUL – June 3, 2002 Publisher Option A: No expense to publisher Project Euclid maintains all Subscription revenues in pool

IATUL – June 3, 2002 Publisher Option B: Publisher pays Project Euclid Project Euclid maintains all files Deducts declining commission

IATUL – June 3, 2002 Publisher Option C: Publisher pays annual fee Project Euclid maintains site Publisher markets, receives revenue

IATUL – June 3, 2002 Library Options Publisher Option A journals are an aggregation Can select additional from Option B Option C not in package

IATUL – June 3, 2002 Advances in Applied Probability 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 –

IATUL – June 3,