There are also peer-reviewed “arXiv overlay journals” that are very cheap to run and consequently cheap for authors. For instance, Timothy Gowers (Fields medalist, prominent figure in the movement against big publishers like Elsevier) announced[1] another one of these last week:
> I am excited by the business model of the journal, which is that its very small running costs (like Discrete Analysis, it uses the Scholastica platform, which charges $10 per submission, as well as a fixed annual charge of $250, and there are a few other costs such as archiving articles with CLOCKSS and having DOIs)...
> I am excited by the business model of the journal, which is that its very small running costs (like Discrete Analysis, it uses the Scholastica platform, which charges $10 per submission, as well as a fixed annual charge of $250, and there are a few other costs such as archiving articles with CLOCKSS and having DOIs)...
[1] https://gowers.wordpress.com/2019/10/30/advances-in-combinat...