The Economics of Information

The Economics of Information
Author: Bruce R. Kingma
Publisher:
Total Pages: 226
Release: 1996
Genre: Business & Economics
ISBN:

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Focuses on the economics of information goods and services, which are sufficiently different from other types of goods and services that a complete understanding of their differences is important to information managers and policymakers.

The Economics of Access Versus Ownership

The Economics of Access Versus Ownership
Author: Bruce Kingma
Publisher: Routledge
Total Pages: 90
Release: 2013-08-21
Genre: Language Arts & Disciplines
ISBN: 1134755678

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The Economics of Access Versus Ownership offers library professionals a model economic analysis of providing access to journal articles through interlibrary loan as compared to library subscriptions to the journals. This model enables library directors to do an economic analysis of interlibrary loan and collection development in their own libraries and to then make cost-efficient decisions about the use of these services. This practical book’s analysis and conclusions are based on 1994/95 academic year research conducted by the State University of New York libraries at Albany, Binghamton, Buffalo, and Stony Brook. The research determined the costs and benefits of high-priced, low-use scholarly journals, focusing on journals in the mathematics and sciences that historically have high prices, low levels of use, and increasing rates of price escalation. The libraries’financial costs of access by interlibrary loan versus journal subscriptions was calculated and, using this information, a set of decision rules was established. Library directors and interlibrary loan/collection development heads can use this set of decision rules to determine, based on the level of use and subscription price, whether they should provide access to journal articles via interlibrary loan or journal subscriptions. The research findings presented in The Economics of Access Versus Ownership are significant to library professionals as journal subscription prices escalate and commercial document delivery services, consortium agreements, and interlibrary loan hardware and software proliferate. Contributors explore important factors necessary to understanding the economics of access. They encourage readers to consider the following when choosing between journal subscriptions and interlibrary loan: financial costs fixed and marginal costs decision rules which determine the most economically efficient method of access the use of a library consortium and joint collection development within the consortium as an economically efficient method of access added benefits of a library consortium Information found in The Economics of Access Versus Ownership makes it a useful guide for university and college library directors, interlibrary loan department heads, and collection development heads trying to choose the most economically sound, both for their libraries and their patrons, form of access to journal articles.

Effective Financial Planning for Library and Information Services

Effective Financial Planning for Library and Information Services
Author: Duncan McKay
Publisher: Routledge
Total Pages: 78
Release: 2003-09-02
Genre: Business & Economics
ISBN: 1135475741

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This title is a concise guide to financial planning, with definitions of financial terms and the key processes involved, which also provides tips on how to present your budget most effectively to secure funding. As pressures of business increasingly affect all information functions, it has become ever more important to be able to justify the costs involved in running any form of information function. This second edition covers budgetary implications related to developments in information source provision.

The Economics of Managing Library Service

The Economics of Managing Library Service
Author: Bruce P. Schauer
Publisher: Chicago : American Library Association
Total Pages: 300
Release: 1986
Genre: Language Arts & Disciplines
ISBN: 9780838904534

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Measuring Your Library's Value

Measuring Your Library's Value
Author: Donald S. Elliott
Publisher: American Library Association
Total Pages: 196
Release: 2007
Genre: Language Arts & Disciplines
ISBN: 9780838909232

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With tax-funded organizations under microscopic scrutiny, library directors need to make a strong public case for the value their library provides. Measuring Your Library's Value, designed to serve large to medium-sized public libraries, gives librarians the tools to conduct a defensible and credible Cost-Benefit Analysis (CBA). Based on research funded by IMLS and PLA, this hands-on reference covers the economic basics with librarian-friendly terms and examples, preparing library leaders to collaborate with economist-consultants. Library directors and trustees will learn how to credibly measure the dollars and cents value your community receives from library services and access proven examples for communicating what different community stakeholders need to hear.