Inside Higher Ed, April 21, 2010 by Scott Jaschik
http://www.insidehighered.com/news/2010/04/21/econ
“Everyone in the field knows that there are a handful of journals that everyone uses,” he said, so no one would be offended by receiving a rejected paper from AER. “We are in the same association and don’t view ourselves as directly competing, so we thought that this kind of interaction would be in everybody’s interest,” he said. “It reduces the redundancy of review efforts and the turnaround time.”