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This seems like an interesting use for crypto-style staking. Rather than simply paying Elsevier or Springer to publish, which is a transaction that increasingly
by frisco 5y ago
This seems like an interesting use for crypto-style staking. Rather than simply paying Elsevier or Springer to publish, which is a transaction that increasingly makes no sense, instead take those fees and put them in an interest-generating escrow account. If the paper is retracted within some window of time (say, 3 years), the money goes to the group that found the problems. If not, it gets returned plus interest to the authors or their organization.
This would create an economic incentive to hunt scientific fraud, and possibly even replication studies, while also over time putting the money that's currently just being gouged by legacy publishers back into science.
- _carbyau_ 5y agoI like this because it'd be easy to relate to. It is a formal version of: "Look, I bet you that when [scenario details] happens then [result] will happen. And here is money on the line to prove it."