On Monday, five leading universities announced a new "Compact for Open Access Publishing Equity" in which they have pledged to develop systems to pay open access journals for the articles they publish by the institutions' scholars. In doing so, the institutions are attempting to put to rest the idea that only older publication models (paid and/or print) can support rigorous peer review and quality assurance.
The five universities that have joined the agreement so far are MIT, Harvard, Cornell, UC Berkeley and Dartmouth College.
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