|Authors of Journal of Financial
Economics now have the option to pay a fee of $1,800 to make their
article freely available to non-subscribers. This charge is necessary
to offset publishing costs - from typesetting, tagging and indexing
of articles, hosting articles on dedicated servers, supporting sales
and marketing costs to ensure global dissemination via ScienceDirect,
and permanently preserving the published journal article. The fee
excludes taxes and other potential author fees such as color charges
which are additional. Authors can only select this option after their
article has been accepted for publication.
If an Author chooses the Open Access option, their article will be published under provisions of the Creative Commons license. What this means is that the Author will retain the copyright of their article and will select a certain license under which readers may use the content of their paper.
Elsevier has decided to offer Authors the choice of three Creative Commons licenses, which are detailed below. The default option will be the Creative Commons Attribution-NonCommercial-NoDerivatives license. For more information about the CreativeCommons licenses, please go to www.elsevier.com/openaccesslicenses .
Once a paper is accepted and reaches production, the author will receive an email from Elsevier with a link to all the forms he needs to fill in to finalize the production of his paper. In these forms he will be asked where Elsevier can send the Open Access invoice to, or, if he prefers, he will be given the opportunity to pay via his credit card.
- Creative Commons Attribution-Non Commercial-ShareAlike (CC BY-NC-SA) : lets others distribute, create extracts, abstracts and new works from an article, and alter and revise an article non-commercially, as long as they credit the author (and do not represent the author as endorsing their work) and license their new creations under the identical terms.
- Creative Commons Attribution (CC-BY) : lets others distribute, create extracts, abstracts and new works from an article, and alter and revise an article, even commercially, as long as they credit the author(s) and do not represent the author as endorsing their work.
- Creative Commons Attribution-NonCommercial-NoDerivs (CC-BY-NC-ND) : lets others access, and download an article and share it with others as long as they credit the author (and do not represent the author as endorsing their work), but they can't change the article in any way or use it commercially.