This open access journal, backed by a very impressive editorial board, has a "standard for acceptance will be the same as that of the leading field journals in economic theory." Unlike those journals, the contents are available for all. In addition, they point out that the restricted access to fee-based journals reduces links to them and thus visibility to authors' works. They add that fee-based journals are unlikely to move to open access given their reliance on their revenue streams.
Their modest funding needs are met by a submission fee of $75 (less for those who work in less-wealthy countries) and formatting fees for those who do not submit in their requested format. The also promise a fairly quick turnaround for authors.http://www.econtheory.org/