Pros Cons
Authors might receive more constructive and polite reviewer comments, as the reviewers know that a signed version of their report is going to be published There are concerns that researchers who are invited to review may be less inclined to do so under an open model, where their name and report will be published
Depending on the model, it allows readers of the published article to see more detail of the review process, increasing their trust There is a possibility that if a reviewer knows an author and doesn’t want to offend them, they give them an overly favorable review