Economics is a new "open-access, open-assessment" journal. (Thanks to Ulrich Poeschl.) From the site:
Economics is a pathbreaking journal, capturing the advantages of some highly successful natural science journals. It adopts a “Linux approach” to publication, viewing research as a cooperative enterprise between authors, editors, referees and readers.
The journal has the following advantages:
Economics is free: It is costless to both readers and authors. After all, research is a public good.
Economics is quick: As it uses a public peer review process, publication lags are radically reduced.
Economics is widely disseminated: Papers can be sent to all interested readers, permitting a far wider readership than is the case with traditional journals.
Economics is democratic: The quality of an article is decided not just by the editors and referees, but also by the entire community of Registered Readers.
Economics is convenient: References are hyperlinked to the literature; articles are linked to related material, e.g., data sets and mathematical derivations.
Economics is up to date: Authors can upload revised versions of their publications, in response to the public peer review.
Posted by
Peter Suber at 3/02/2007 07:01:00 PM.
The open access movement:
Putting peer-reviewed scientific and scholarly literature
on the internet. Making it available free of charge and
free of most copyright and licensing restrictions.
Removing the barriers to serious research.
I recommend the OA tracking project (OATP) as the best way to stay on top of new OA developments. You can read the OATP feed on a blog-like web page or subscribe to it by RSS, email, or Twitter. You can also help build the feed by tagging new developments you encounter.