A Billion-Dollar Donation: Estimating the Cost of Researchers' Time Spent on Peer Review

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In this paper, we provide an update on the estimate of researchers’ time and the salary-based contribution to the peer-review system. We used publicly available data for our calculations following estimation methods customary in this area of research. We discuss the implications of our estimates and identify a number of alternative models for better utilizing research time in peer-review.

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