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Nature 439, 782 (16 February 2006) | doi:10.1038/439782c; Published online 15 February 2006

Open Innovation Challenges

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Peer review could be improved by market forces

Klaus Jaffe1

  1. Laboratorio de Comportamiento, Universidad Simön Bolívar, Apartado 89000, Caracas 1080, Venezuela

Although peer review seems the best system for quality control of scientific publications and grant proposals ("Three cheers for peers" Nature 439, 118; 2006), we might try to improve it. Market forces are known to optimize complex systems where multiple players have conflicting interests.