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ABSTRACT Do free electronic refereed journals represent one viable alternative to overpriced commercial journals? This informal study looked at 104 titles listed in the 1995 Directory of Electronic Journals, Newsletters and Academic Discussion Lists (published by the Association of Research Libraries) as being free, journals, and refereed. Taking five years of continuing publication as an initial sign of reasonable longevity (later raised to six years), the record shows reasonable promise. While quite a few early journals succumbed to the ‘arc of enthusiasm’, more than half are still publishing.
Walt Crawford (Mon,) studied this question.