The costs of flipping our dollars to gold

The University of California (UC) Libraries have recently released the final version of the Pay It Forward report, examining the impact on large, research-intensive institutions in the US and Canada of a wholesale shift to gold open access (OA) for journals. The conclusions point a way toward a possible funding model that could introduce the right incentives to both manage costs and improve the system over time, while achieving the benefit of fully open access to research.